What Can We Expect From The Deutsche Lufthansa (ETR:LHA) Upgrade By Nomura? The Target PPS Provided Is EUR 18.00

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Deutsche Lufthansa (ETR:LHA) Stock Upgrade

Deutsche Lufthansa (ETR:LHA) shares were lifted by analysts at Nomura to a solid Buy rating in an analyst note shared with investors and clients today. Analysts presently have a EUR 18.00 target price per share on the shares. Nomura’s target price per share indicates a possible upside of 31.29%.

From a total of 17 analysts covering Deutsche Lufthansa (ETR:LHA) stock, 6 rate it a ”Buy”, 6 a “Sell”, and 5 a ”Hold”. This means that 35% of the ratings are positive. The highest target price is €20 while the lowest target price is €10. The mean of all analyst targets is €13.80 with a 0.51% above today’s (€13.73) stock price. Deutsche Lufthansa was the topic of 27 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. UBS upgraded shares on December 1 to “Buy” rating. Equinet upgraded shares to “Buy” rating and €20 target share price in a report from an October 17. Societe Generale maintained LHA stock in a recent report from October 31 with “Hold” rating. JP Morgan downgraded the rating on September 26. JP Morgan has a “Underweight” rating and a €11.25 price target on shares. Finally, HSBC upgraded the stock to “Buy” rating in a report issued on an October 20.

The stock 0.04% or EUR 0 on December 2, striking EUR 13.73. It is down 6.00% since November 3, 2015 and is uptrending. It has outperformed by 6.20% the S&P500.

 What Can We Expect From The Deutsche Lufthansa (ETR:LHA) Upgrade By Nomura? The Target PPS Provided Is EUR 18.00

Deutsche Lufthansa AG is an aviation company. The company has a market cap of 6.38 billion EUR. The Firm is engaged in passenger transport, airfreight and airline services. It has 2.79 P/E ratio. The Firm operates in five divisions: scheduled passenger air traffic through Deutsche Lufthansa AG, Lufthansa CityLine GmbH, Swiss International Air Lines AG, Austrian Airlines AG, Air Dolomiti S.p.A., Eurowings Luftverkehrs AG and Germanwings GmbH; scheduled airfreight services (Logistics) through Lufthansa Cargo group; maintenance, repair and overhaul (MRO) through the Lufthansa Technik group; information technology (IT Services) through Lufthansa Systems group, and catering (Catering) through LSG Lufthansa Sky Chefs group.

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