Today’s Rating Alert: Deutsche Lufthansa (ETR:LHA) Is a Stock Kepler Cheuvreux Is Wary of; Firm Downgrades It

November 30, 2016 - By Winifred Garcia

Today's Rating Alert:  Deutsche Lufthansa (ETR:LHA) Is a Stock Kepler Cheuvreux Is Wary of; Firm Downgrades It

Deutsche Lufthansa (ETR:LHA) Downgrade

Kepler Cheuvreux gave Deutsche Lufthansa (ETR:LHA) shares a new “Reduce” rating in a report issued to clients and investors on 30 November. The firm’s target price on the stock is EUR 9.50.

Deutsche Lufthansa AG (ETR:LHA) Ratings Coverage

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 €11.72 average target is -3.06% below today’s (€12.09) stock price. Deutsche Lufthansa has been the topic of 105 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was downgraded on Tuesday, March 22 by Morgan Stanley. The company was downgraded on Wednesday, November 23 by HSBC. The company was maintained on Friday, September 18 by Commerzbank. The firm has “Hold” rating given on Friday, July 31 by Independent Research. Commerzbank upgraded the stock to “Buy” rating in Thursday, February 11 report. On Friday, September 23 the stock rating was downgraded by Commerzbank to “Reduce”. S&P Research downgraded the stock to “Sell” rating in Tuesday, August 4 report. The firm earned “Hold” rating on Thursday, September 17 by Societe Generale. Commerzbank downgraded Deutsche Lufthansa AG (ETR:LHA) on Thursday, October 13 to “Reduce” rating. The stock of Deutsche Lufthansa AG (ETR:LHA) has “Buy” rating given on Tuesday, October 13 by HSBC.

About 2.60 million shares traded hands. Deutsche Lufthansa AG (ETR:LHA) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.

Deutsche Lufthansa AG is an aviation company. The company has a market cap of 5.67 billion EUR. The Company’s divisions include Passenger Airline Group; Logistics; maintenance, repair and overhaul services , Catering and Other. It has a 3.12 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 Pilots Extend Strike Into Second Week” on November 28, 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: “Lufthansa Cancels 876 Flights Wednesday as Pilots Strike” published on November 22, 2016 as well as Wsj.com‘s news article titled: “Europe’s Air Wars Rage as Ryanair Takes Fight to Lufthansa” with publication date: November 02, 2016.

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