Trade Report: The Deutsche Lufthansa AG (LHA) Given a €8.00 Price Target at BNP Paribas

The Deutsche Lufthansa AG (LHA) Given a €8.00 Price Target at BNP Paribas

BNP Paribas set a €8.00 ($8.89) price target on Deutsche Lufthansa AG (ETR:LHA) in a research note released on Thursday. The brokerage currently has a a sell rating on the stock.

Several other research analysts have also weighed in on LHA. Goldman Sachs Group Inc. set a €10.00 ($11.11) target price on Deutsche Lufthansa AG and gave the stock a sell rating in a research report on Wednesday, August 3rd. HSBC set a €7.50 ($8.33) target price on Deutsche Lufthansa AG and gave the stock a sell rating in a research report on Wednesday, August 3rd. Credit Suisse Group AG set a €10.30 ($11.44) price target on Deutsche Lufthansa AG and gave the company a sell rating in a report on Thursday, July 21st. Commerzbank AG set a €9.00 ($10.00) price target on Deutsche Lufthansa AG and gave the company a sell rating in a report on Wednesday. Finally, Independent Research GmbH set a €10.00 ($11.11) price target on Deutsche Lufthansa AG and gave the company a sell rating in a report on Thursday, July 21st. Twelve analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €11.13 ($12.36).

Shares of Deutsche Lufthansa AG (ETR:LHA) opened at 10.215 on Thursday. The stock has a market capitalization of €4.75 billion and a P/E ratio of 4.044. The firm’s 50-day moving average price is €10.32 and its 200-day moving average price is €11.60. Deutsche Lufthansa AG has a one year low of €9.14 and a one year high of €15.40.

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