Royal Bank of Canada Reiterates €14.50 Price Target for Deutsche Lufthansa (ETR:LHA)

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Royal Bank of Canada set a €14.50 ($16.86) price target on Deutsche Lufthansa (ETR:LHA) in a report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other research firms have also issued reports on LHA. Commerzbank set a €18.00 ($20.93) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a research report on Wednesday, June 19th. Oddo Bhf set a €17.20 ($20.00) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a research report on Tuesday, June 18th. Sanford C. Bernstein set a €17.00 ($19.77) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a research report on Monday, July 8th. Barclays set a €18.70 ($21.74) price target on shares of Deutsche Lufthansa and gave the company a sell rating in a research report on Monday, June 17th. Finally, Kepler Capital Markets set a €22.00 ($25.58) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a research report on Monday, June 17th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. Deutsche Lufthansa currently has an average rating of Hold and a consensus price target of €19.30 ($22.44).

ETR LHA opened at €14.96 ($17.40) on Wednesday. The company has a 50 day simple moving average of €16.21. Deutsche Lufthansa has a 12-month low of €14.34 ($16.67) and a 12-month high of €24.45 ($28.43). The company has a current ratio of 0.64, a quick ratio of 0.54 and a debt-to-equity ratio of 93.69. The company has a market capitalization of $7.11 billion and a price-to-earnings ratio of 3.81.

Deutsche Lufthansa Company Profile

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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