Barclays Sticks to Its Sell Rating for Deutsche Lufthansa (0H4A)
Barclays analyst Andrew Lobbenberg maintained a Sell rating on Deutsche Lufthansa on October 8 and set a price target of €6.50. The company’s shares closed last Friday at €7.26.
Lobbenberg covers the Industrials sector, focusing on stocks such as Ryanair Holdings, Wizz Air Holdings, and Flughafen Zurich AG. According to TipRanks, Lobbenberg has an average return of 0.9% and a 44.73% success rate on recommended stocks.
Currently, the analyst consensus on Deutsche Lufthansa is a Moderate Sell with an average price target of €7.99.
The company has a one-year high of €10.29 and a one-year low of €6.72. Currently, Deutsche Lufthansa has an average volume of 4.21M.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0H4A in relation to earlier this year.
