UBS Group Reiterates “€31.70” Price Target for Deutsche Lufthansa Aktiengesellschaft (LHA)

Deutsche Lufthansa Aktiengesellschaft (ETR:LHA) has been given a €31.70 ($37.74) price target by investment analysts at UBS Group in a report released on Monday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 4.24% from the stock’s current price.

Other research analysts also recently issued reports about the company. Royal Bank of Canada set a €30.00 ($35.71) price objective on Deutsche Lufthansa Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday, October 12th. set a €29.00 ($34.52) price objective on Deutsche Lufthansa Aktiengesellschaft and gave the company a “buy” rating in a research note on Thursday, October 12th. Nord/LB set a €25.50 ($30.36) price objective on Deutsche Lufthansa Aktiengesellschaft and gave the company a “buy” rating in a research note on Monday, September 25th. Societe Generale set a €24.00 ($28.57) price objective on Deutsche Lufthansa Aktiengesellschaft and gave the company a “buy” rating in a research note on Monday, September 25th. Finally, BNP Paribas set a €31.00 ($36.90) price objective on Deutsche Lufthansa Aktiengesellschaft and gave the company a “buy” rating in a research note on Monday, October 16th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company. Deutsche Lufthansa Aktiengesellschaft currently has an average rating of “Hold” and a consensus target price of €27.30 ($32.50).

Deutsche Lufthansa Aktiengesellschaft (ETR LHA) opened at €30.41 ($36.20) on Monday. Deutsche Lufthansa Aktiengesellschaft has a one year low of €11.21 ($13.35) and a one year high of €31.18 ($37.12). The firm has a market capitalization of $14,260.00 and a P/E ratio of 7.96.

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About Deutsche Lufthansa Aktiengesellschaft

Deutsche Lufthansa Aktiengesellschaft operates as an aviation company in Germany and internationally. It operates through Passenger Airline Group, Logistics, MRO, and Catering segments. The Passenger Airline Group segment offers passenger services through a route network of 301 destinations in 100 countries.

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