Will the Recent equinet AG Upgrade Help Deutsche Lufthansa (ETR:LHA) Shares This Week?

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Deutsche Lufthansa (ETR:LHA) Stock Upgrade

Frankfurt-listed Deutsche Lufthansa (ETR:LHA), was lifted by expert analysts at equinet AG today. equinet AG lifted its rating on the 6.42 billion EUR market capitalized company to a “Buy”, and decided to leave its Estimated Target Price of EUR 20.00 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 -1.21% below today’s (€14.1) stock price. Deutsche Lufthansa was the topic of 30 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Equinet upgraded shares on December 12 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 0.25% or EUR 0.04 on December 18, striking EUR 14.1. Approximately 7.63M shares of stock traded hands or 55.71% up from the average. Deutsche Lufthansa AG (ETR:LHA) has risen 6.00% since November 19, 2015 and is uptrending. It has outperformed by 9.81% the S&P500.

 Will the Recent equinet AG Upgrade Help Deutsche Lufthansa (ETR:LHA) Shares This Week?

Deutsche Lufthansa AG is an aviation company. The company has a market cap of 6.42 billion EUR. The Firm is engaged in passenger transport, airfreight and airline services. It has 2.87 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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