Lufthansa Jul Traffic Data Solid And In-Line
Lufthansa (LHA.XE) July passenger data is solid and meets expectations, says Landesbank Rheinland-Pfalz analyst Per-Ola Hellgren. Says this compensates somewhat for disappointing June traffic figures. But he says, it’s too early to consider the data a sign of a trend reversal. Keeps marketperform rating, target price at EUR17. Shares -0.4% at EUR14.50.