Deutsche Lufthansa (OTCMKTS:DLAKY) Price Target Raised to €7.25 at UBS Group

Deutsche Lufthansa (OTCMKTS:DLAKYGet Rating) had its target price hoisted by research analysts at UBS Group from €6.65 ($7.00) to €7.25 ($7.63) in a research report issued to clients and investors on Sunday, The Fly reports.

A number of other equities analysts also recently weighed in on DLAKY. Exane BNP Paribas downgraded shares of Deutsche Lufthansa from a “neutral” rating to an “underperform” rating and set a €5.50 ($5.79) target price on the stock. in a report on Friday, March 18th. Zacks Investment Research upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Tuesday, May 10th. HSBC downgraded shares of Deutsche Lufthansa from a “hold” rating to a “reduce” rating in a report on Wednesday, January 19th. Sanford C. Bernstein downgraded shares of Deutsche Lufthansa from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 18th. Finally, Morgan Stanley upped their price objective on shares of Deutsche Lufthansa from €6.00 ($6.32) to €7.00 ($7.37) in a report on Friday, May 6th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $6.99.

OTCMKTS DLAKY opened at $7.16 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 3.35. Deutsche Lufthansa has a 12-month low of $6.01 and a 12-month high of $13.86. The company has a market capitalization of $4.28 billion, a PE ratio of -2.59 and a beta of 1.12. The firm’s 50 day moving average is $7.68 and its 200-day moving average is $7.54.

Deutsche Lufthansa (OTCMKTS:DLAKYGet Rating) last issued its earnings results on Thursday, March 3rd. The transportation company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.23). The firm had revenue of $6.67 billion for the quarter. Deutsche Lufthansa had a negative return on equity of 43.59% and a negative net margin of 8.86%. As a group, sell-side analysts expect that Deutsche Lufthansa will post 0.39 EPS for the current year.

About Deutsche Lufthansa (Get Rating)

Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services. Its Eurowings segment provides passenger services through a route network of more than 100 destinations in over 50 countries. The company's Logistics Business segment offers transport services for various cargoes, including general cargo, dangerous goods, valuables, vulnerable, perishables, live animals, courier, emergency, airmail/e-commerce, and temperature sensitive goods services approximately 300 destinations in 100 countries.

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