Sanford C. Bernstein Reiterates €27.00 Price Target for Deutsche Lufthansa (LHA)

Deutsche Lufthansa (ETR:LHA) has been assigned a €27.00 ($31.40) price target by research analysts at Sanford C. Bernstein in a report released on Monday, November 12th. The brokerage currently has a “buy” rating on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 41.07% from the stock’s current price.

A number of other brokerages also recently commented on LHA. DZ Bank restated a “neutral” rating on shares of Deutsche Lufthansa in a research report on Tuesday, July 31st. HSBC set a €30.00 ($34.88) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research report on Wednesday, August 1st. Independent Research set a €27.00 ($31.40) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research report on Tuesday, July 31st. Nord/LB set a €31.00 ($36.05) price objective on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Finally, Cfra set a €27.60 ($32.09) price objective on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Wednesday, August 1st. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €24.81 ($28.85).

ETR:LHA traded down €0.35 ($0.41) during mid-day trading on Monday, reaching €19.14 ($22.26). The stock had a trading volume of 4,102,721 shares, compared to its average volume of 3,430,000. Deutsche Lufthansa has a twelve month low of €14.23 ($16.55) and a twelve month high of €31.26 ($36.35).

Deutsche Lufthansa Company Profile

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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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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