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J.P. Morgan Reaffirms Their Hold Rating on Deutsche Lufthansa (0H4A)

Tipranks - Tipranks - Wed Mar 11, 6:58AM CDT

In a report released today, Harry Gowers from J.P. Morgan maintained a Hold rating on Deutsche Lufthansa, with a price target of €8.00.

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Gowers covers the Industrials sector, focusing on stocks such as Ryanair Holdings, Deutsche Lufthansa, and EasyJet. According to TipRanks, Gowers has an average return of 4.8% and a 47.85% success rate on recommended stocks.

In addition to J.P. Morgan, Deutsche Lufthansa also received a Hold from Barclays’s Andrew Lobbenberg in a report issued yesterday. However, on March 6, Kepler Capital maintained a Buy 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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