Trade Report: The Deutsche Lufthansa AG (LHA) PT Set at €7.00 by Goldman Sachs Group Inc.

The Deutsche Lufthansa AG (LHA) PT Set at €7.00 by Goldman Sachs Group Inc.

Deutsche Lufthansa AG (ETR:LHA) has been assigned a €7.00 ($7.69) price target by investment analysts at Goldman Sachs Group Inc. in a note issued to investors on Friday. The firm currently has a a “sell” rating on the stock.

Several other equities analysts also recently weighed in on the company. BNP Paribas set a €8.00 ($8.79) price target on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research report on Thursday, October 13th. Commerzbank AG set a €9.00 ($9.89) price target on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research report on Wednesday, October 12th. Kepler Capital Markets set a €9.50 ($10.44) price target on Deutsche Lufthansa AG and gave the stock a “neutral” rating in a research report on Wednesday, October 12th. HSBC set a €7.50 ($8.24) price target on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research report on Monday, October 10th. Finally, Credit Suisse Group AG set a €8.50 ($9.34) price target on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research report on Monday, October 10th. Twelve analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of €11.13 ($12.23).

Shares of Deutsche Lufthansa AG (ETR:LHA) opened at 10.057 on Friday. Deutsche Lufthansa AG has a 12-month low of €9.14 and a 12-month high of €15.40. The company has a 50 day moving average price of €10.30 and a 200 day moving average price of €11.53. The stock has a market cap of €4.68 billion and a P/E ratio of 3.981.

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