The new lockdown regulations over Easter are hitting German airline Lufthansa hard. Firstly, the lockdown has been extended again until 18 April, there will be additional closures over Easter and the Chancellor again appealed for people not to travel.
The reaction was seen today in the Lufthansa share. In Frankfurt trading, it fell by 2.6% to EUR 10.88. The Lufthansa share price fell to EUR 10.68 at today’s low. The share price opened at EUR 11.12. The stock has so far recovered somewhat from the corona low at EUR 6.85 on 26.09.2020. However, the share is currently trading well below its current annual high of EUR 12.96 (01.03.2021).
Analysts currently have an average target of EUR 6.62.
If there is further vaccination progress or a relaxation of the measures and possible summer travel, the stock could get a new boost.
