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Barclays Sticks to Its Sell Rating for Deutsche Lufthansa (0H4A)

Tipranks - Tipranks - Thu Jul 9, 1:42AM CDT

In a report released today, Andrew Lobbenberg from Barclays maintained a Sell rating on Deutsche Lufthansa, with a price target of €7.75.

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According to TipRanks, Lobbenberg is a 3-star analyst with an average return of 2.4% and a 52.76% success rate. Lobbenberg covers the Industrials sector, focusing on stocks such as EasyJet, Ryanair Holdings, and International Consolidated Airlines.

In addition to Barclays, Deutsche Lufthansa also received a Sell from Morgan Stanley’s Axel Stasse in a report issued on June 23. However, on July 6, Bernstein maintained a Hold rating on Deutsche Lufthansa (LSE: 0H4A).

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Based on Deutsche Lufthansa’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €8.75 billion and a GAAP net loss of €665 million. In comparison, last year the company earned a revenue of €8.13 billion and had a GAAP net loss of €885 million

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