In a report released on November 2, Andrew Lobbenberg from Barclays maintained a Buy rating on Deutsche Lufthansa AG (DLAKY – Research Report), with a price target of €12.50. The company’s shares closed yesterday at $8.16.
According to TipRanks, Lobbenberg is ranked #7329 out of 8458 analysts.
Currently, the analyst consensus on Deutsche Lufthansa AG is a Strong Buy with an average price target of $12.23.
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DLAKY market cap is currently $8.35B and has a P/E ratio of 5.63.
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Deutsche Lufthansa AG (DLAKY) Company Description:
Deutsche Lufthansa AG engages in the provision of passenger, freight, and cargo airline services. It operates through the following segments: Network Airlines, Eurowings, Logistics, Maintenance Repair Overhaul, Catering and Additional Businesses and Group Functions. The Network Airlines segment comprises Lufthansa German Airlines, SWISS, and Austrian Airlines. The Eurowings segment focuses on the growing market for european direct sales. The Logistics segment consists of scheduled airfreight activities of the Lufthansa Cargo group. The Maintenance Repair Overhaul segment is involved in the provision of maintenance, repair, and overhaul services for civilian commercial aircraft. The Catering segment is engaged in providing airline catering. The company was founded on January 6, 1926 and is headquartered in Cologne, Germany.
Read More on DLAKY:
- Lufthansa price target lowered to EUR 11 from EUR 13 at Deutsche Bank
- Lufthansa downgraded to Neutral from Buy at Citi
- Lufthansa price target lowered to EUR 9.50 from EUR 10 at RBC Capital
- Lufthansa price target lowered to EUR 13 from EUR 13.50 at JPMorgan
- Lufthansa price target lowered to EUR 14 from EUR 15.50 at Barclays
