Shares in this article
However, the old price target of EUR 18.00 was still particularly high, the last time the shares had cost in mid-2019. Analyst Jarrod Castle now sees a massive loss in shareholder value as a result of the corona crisis. Earnings per share should remain negative until 2022, he predicted in his study on Wednesday.
The Lufthansa shares had recently developed very positively in the wake of the easing from the corona crisis and the gradual disappearance of travel restrictions and, starting from their crisis low at the end of April at 7.02 euros, had made up for the previous day almost 79 percent of their losses.
Now, however, the federal government wants to extend travel warnings for more than 160 countries outside the European Union by the end of August, which, according to traders, is somewhat dampening the mood towards Lufthansa titles.
/ ajx / mis
FRANKFURT (dpa-AFX)
advertising
Current certificates from
More news on Lufthansa AG
–
Image sources: Tupungato / Shutterstock.com
–