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RBC Capital Sticks to Its Hold Rating for Deutsche Lufthansa (0H4A)

Tipranks - Tipranks - Sat Mar 7, 2:30AM CST

RBC Capital analyst Ruairi Cullinane maintained a Hold rating on Deutsche Lufthansa today and set a price target of €7.50.

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Cullinane covers the Industrials sector, focusing on stocks such as International Consolidated Airlines, Vinci SA, and EasyJet. According to TipRanks, Cullinane has an average return of 7.7% and a 55.17% success rate on recommended stocks.

In addition to RBC Capital, Deutsche Lufthansa also received a Hold from Bernstein’s Alex Irving in a report issued today. However, on March 3, Barclays maintained a Sell rating on Deutsche Lufthansa (LSE: 0H4A).

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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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