November 23, 2016 - By Clifton Ray
HSBC was lowered to Reduce and currently has EUR 9.50 TP on Deutsche Lufthansa (ETR:LHA)‘s stock. This was sent to investors in analysts report on 23 November.
Out of 23 analysts covering Deutsche Lufthansa (ETR:LHA), 5 rate it a “Buy”, 11 “Sell”, while 7 “Hold”. This means 22% are positive. €20 is the highest target while €7.50 is the lowest. The €11.77 average target is -8.33% below today’s (€12.84) stock price. Deutsche Lufthansa has been the topic of 103 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Equinet upgraded the stock to “Buy” rating in Tuesday, April 19 report. The stock has “Underperform” rating given by Credit Suisse on Friday, September 16. The firm has “Reduce” rating by Commerzbank given on Tuesday, September 13. Independent Research upgraded the shares of LHA in a report on Wednesday, July 6 to “Buy” rating. The stock of Deutsche Lufthansa AG (ETR:LHA) has “Buy” rating given on Wednesday, September 9 by Equinet. The company was downgraded on Tuesday, January 12 by Morgan Stanley. The firm has “Neutral” rating given on Monday, August 24 by Independent Research. Societe Generale maintained the shares of LHA in a report on Saturday, July 9 with “Hold” rating. The stock of Deutsche Lufthansa AG (ETR:LHA) earned “Sell” rating by Goldman Sachs on Friday, August 21. As per Saturday, October 31, the company rating was maintained by Societe Generale.
About 1.66M shares traded hands. Deutsche Lufthansa AG (ETR:LHA) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.
Deutsche Lufthansa AG is an aviation company. The company has a market cap of 6.02 billion EUR. The Company’s divisions include Passenger Airline Group; Logistics; maintenance, repair and overhaul services , Catering and Other. It has a 3.31 P/E ratio. The Company’s fleet consists of approximately 600 aircrafts.
More notable recent Deutsche Lufthansa AG (ETR:LHA) news were published by: Wsj.com which released: “Lufthansa Cancels Flights as Pilot Strike Begins” on November 23, 2016, also Wsj.com with their article: “Lufthansa Shares Plunge on Profit Warning as Terror Attacks Hit Bookings” published on July 21, 2016, Bloomberg.com published: “Lufthansa Predicts Difficult Second Half as Terror Damps Demand” on August 02, 2016. More interesting news about Deutsche Lufthansa AG (ETR:LHA) were released by: Wsj.com and their article: “Deutsche Lufthansa Pushes Back Decision on Takeover of Brussels Airlines” published on April 27, 2016 as well as Forbes.com‘s news article titled: “Relative Strength Alert For Deutsche Lufthansa” with publication date: September 29, 2016.
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By Clifton Ray