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Barclays Remains a Buy on Deutsche Lufthansa AG (DLAKY)

Barclays analyst Andrew Lobbenberg maintained a Buy rating on Deutsche Lufthansa AG (DLAKYResearch Report) on September 18 and set a price target of €14.00. The company’s shares closed yesterday at $8.51.

According to TipRanks, Lobbenberg is ranked #7036 out of 8511 analysts.

Deutsche Lufthansa AG has an analyst consensus of Strong Buy, with a price target consensus of $14.41, representing a 69.33% upside. In a report released on September 18, J.P. Morgan also maintained a Buy rating on the stock with a €13.50 price target.

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The company has a one-year high of $11.70 and a one-year low of $5.51. Currently, Deutsche Lufthansa AG has an average volume of 29.48K.

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Deutsche Lufthansa AG engages in the provision of passenger, freight, and cargo airline services. It operates through the following segments: Network Airlines, Eurowings, Logistics, Maintenance Repair Overhaul, Catering and Additional Businesses and Group Functions. The Network Airlines segment comprises Lufthansa German Airlines, SWISS, and Austrian Airlines. The Eurowings segment focuses on the growing market for european direct sales. The Logistics segment consists of scheduled airfreight activities of the Lufthansa Cargo group. The Maintenance Repair Overhaul segment is involved in the provision of maintenance, repair, and overhaul services for civilian commercial aircraft. The Catering segment is engaged in providing airline catering. The company was founded on January 6, 1926 and is headquartered in Cologne, Germany.

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