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Deutsche Lufthansa (ETR:LHA) Stock Upgrade

In a recent report shared with investors and clients on Saturday, 12 December, equinet AG decided to upgrade shares of Deutsche Lufthansa (ETR:LHA) to a Buy rating. The firm currently has a respectable EUR 20.00 TP on LHA shares.

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 €13.93 with a 4.58% above today’s (€13.32) stock price. Deutsche Lufthansa was the topic of 29 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Equinet upgraded shares on December 4 to “Buy” rating. Kepler Cheuvreux upgraded shares to “Buy” rating and €14 target share price in a report from an October 31. UBS upgraded LHA stock in a recent report from December 1 to “Buy” rating. HSBC upgraded the rating on October 20. HSBC has a “Buy” rating and a €15 price target on shares. Finally, Societe Generale maintained the stock with “Hold” rating in a report issued on an October 31.

The stock decreased 2.38% or EUR 0.32 on December 11, striking EUR 13.32. Approximately 3.97 million shares of stock traded hands. Deutsche Lufthansa AG (ETR:LHA) has risen 6.00% since November 12, 2015 and is uptrending. It has outperformed by 9.02% the S&P500.

 Is Deutsche Lufthansa (ETR:LHA) a Stock One Should Buy Following Today’s equinet AG Upgrade?

Deutsche Lufthansa AG is an aviation company. The company has a market cap of 6.13 billion EUR. The Firm is engaged in passenger transport, airfreight and airline services. It has 2.71 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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