Sanford C. Bernstein Analysts Give Deutsche Lufthansa (ETR:LHA) a €20.00 Price Target

Deutsche Lufthansa (ETR:LHA) has been given a €20.00 ($23.26) target price by equities research analysts at Sanford C. Bernstein in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 12.90% from the stock’s current price.

LHA has been the subject of a number of other reports. Bank of America set a €12.20 ($14.19) price target on Deutsche Lufthansa and gave the stock a “sell” rating in a research note on Tuesday, October 1st. Berenberg Bank set a €15.50 ($18.02) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a research note on Thursday, November 7th. HSBC set a €20.00 ($23.26) price target on Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Friday, November 8th. Kepler Capital Markets set a €16.30 ($18.95) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Nord/LB set a €16.50 ($19.19) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €17.34 ($20.16).

Shares of Deutsche Lufthansa stock opened at €17.72 ($20.60) on Wednesday. The stock has a 50-day moving average price of €15.29 and a 200 day moving average price of €16.01. The company has a market cap of $8.47 billion and a P/E ratio of 6.30. The company has a current ratio of 0.64, a quick ratio of 0.55 and a debt-to-equity ratio of 104.86. Deutsche Lufthansa has a 1 year low of €12.58 ($14.63) and a 1 year high of €23.66 ($27.51).

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company operates through Network Airlines, Eurowings, and Aviation Services. The Network Airlines segment offers passenger services through a route network of 287 destinations in 86 countries. The Eurowings segment provides passenger services through a route network of 197 destinations in 62 countries.

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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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