Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Rating) have been assigned an average recommendation of “Hold” from the thirteen research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $7.80.

Several brokerages have commented on DLAKY. Stifel Nicolaus downgraded shares of Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research note on Wednesday, September 14th. JPMorgan Chase & Co. assumed coverage on shares of Deutsche Lufthansa in a research report on Friday, December 2nd. They set an “overweight” rating for the company. Bank of America raised shares of Deutsche Lufthansa from an “underperform” rating to a “neutral” rating in a research report on Thursday, December 8th. Exane BNP Paribas raised shares of Deutsche Lufthansa from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 2nd. Finally, HSBC raised shares of Deutsche Lufthansa from a “reduce” rating to a “hold” rating in a research report on Tuesday, November 22nd.

Deutsche Lufthansa Trading Up 1.8 %

Shares of OTCMKTS DLAKY opened at $8.88 on Friday. The company’s 50 day simple moving average is $7.93 and its 200 day simple moving average is $6.78. Deutsche Lufthansa has a fifty-two week low of $5.40 and a fifty-two week high of $8.95. The firm has a market capitalization of $5.31 billion, a P/E ratio of -63.43 and a beta of 1.12. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.93 and a quick ratio of 0.89.

Deutsche Lufthansa (OTCMKTS:DLAKY – Get Rating) last issued its earnings results on Thursday, October 27th. The transportation company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.61 by $0.08. Deutsche Lufthansa had a net margin of 0.24% and a return on equity of 1.81%. The firm had revenue of $10.15 billion during the quarter. On average, analysts predict that Deutsche Lufthansa will post 0.76 EPS for the current year.

Institutional Trading of Deutsche Lufthansa

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. Yousif Capital Management LLC bought a new stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Rating) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 19,989 shares of the transportation company’s stock, valued at approximately $115,000.

Deutsche Lufthansa Company Profile

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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.