Deutsche Lufthansa (ETR:LHA) received a €28.50 ($33.14) target price from equities researchers at UBS Group in a note issued to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s target price suggests a potential upside of 29.25% from the company’s current price.
LHA has been the subject of several other reports. Sanford C. Bernstein set a €27.00 ($31.40) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Monday, December 24th. Royal Bank of Canada set a €27.00 ($31.40) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Tuesday, December 18th. Nord/LB set a €26.00 ($30.23) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Tuesday, October 30th. DZ Bank restated a “sell” rating on shares of Deutsche Lufthansa in a research report on Wednesday, October 31st. Finally, Credit Suisse Group set a €25.62 ($29.79) target price on Deutsche Lufthansa and gave the company a “buy” rating in a research report on Monday, January 14th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €24.92 ($28.97).
Shares of LHA stock traded down €0.13 ($0.15) on Tuesday, hitting €22.05 ($25.64). 1,242,636 shares of the company’s stock were exchanged, compared to its average volume of 3,430,000. Deutsche Lufthansa has a 12 month low of €14.23 ($16.55) and a 12 month high of €31.26 ($36.35).
About Deutsche Lufthansa
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.
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