Deutsche Lufthansa AG’s “Outperform” Rating Reaffirmed at Credit Suisse (LHA)

Credit Suisse reaffirmed their outperform rating on shares of Deutsche Lufthansa AG (ETR: LHA) in a report released on Monday, StockRatingsNetwork.com reports. Credit Suisse currently has a €21.40 ($27.79) price objective on the stock.

Shares of Deutsche Lufthansa AG (ETR: LHA) opened at 16.973 on Monday. Deutsche Lufthansa AG has a 52 week low of €7.89 and a 52 week high of €16.84. The stock’s 50-day moving average is currently €0..

A number of other analysts have also recently weighed in on LHA. Analysts at Cantor Fitzgerald reiterated a buy rating on shares of Deutsche Lufthansa AG in a research note to investors on Friday, May 17th. They now have a €19.00 ($24.68) price target on the stock. Separately, analysts at AlphaValue reiterated a sell rating on shares of Deutsche Lufthansa AG in a research note to investors on Thursday, May 16th. They now have a €13.20 ($17.14) price target on the stock. Finally, analysts at Equinet Institutional Services reiterated a hold rating on shares of Deutsche Lufthansa AG in a research note to investors on Tuesday, May 14th. They now have a €15.00 ($19.48) price target on the stock.

One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €16.22 ($21.06).

Deutsche Lufthansa AG is a Germany-based aviation company with global operations and a total of more than 400 subsidiaries and associated companies.