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Deutsche Lufthansa (0H4A) was upgraded to a Hold Rating at Barclays

Tipranks - Tue Mar 10, 2:42AM CDT

Barclays analyst Andrew Lobbenberg upgraded Deutsche Lufthansa to a Hold today and set a price target of €8.00.

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Lobbenberg covers the Industrials sector, focusing on stocks such as Wizz Air Holdings, EasyJet, and International Consolidated Airlines. According to TipRanks, Lobbenberg has an average return of 0.0% and a 43.94% success rate on recommended stocks.

In addition to Barclays, Deutsche Lufthansa also received a Hold from Bernstein’s Alex Irving in a report issued on March 6. However, on the same day, Kepler Capital maintained a Buy rating on Deutsche Lufthansa (LSE: 0H4A).

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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