Barclays Sticks to Their Sell Rating for Deutsche Lufthansa (0H4A)
In a report released today, Andrew Lobbenberg from Barclays maintained a Sell rating on Deutsche Lufthansa, with a price target of €7.60.
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Lobbenberg covers the Industrials sector, focusing on stocks such as Wizz Air Holdings, EasyJet, and Deutsche Lufthansa. According to TipRanks, Lobbenberg has an average return of 1.0% and a 48.76% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Deutsche Lufthansa with a €8.77 average price target.
Based on Deutsche Lufthansa’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €11.2 billion and a net profit of €966 million. In comparison, last year the company earned a revenue of €10.74 billion and had a net profit of €1.1 billion
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