Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have earned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the company.

A number of equities research analysts recently weighed in on DLAKY shares. Morgan Stanley initiated coverage on Deutsche Lufthansa in a report on Wednesday, October 15th. They set an “underweight” rating for the company. Citigroup cut Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research report on Monday, December 1st. Finally, Kepler Capital Markets upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,270 shares of the transportation company’s stock after buying an additional 8,336 shares during the period. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $78,000 as of its most recent filing with the SEC.

Deutsche Lufthansa Trading Up 0.1%

Shares of DLAKY stock opened at $9.90 on Friday. Deutsche Lufthansa has a 12 month low of $5.69 and a 12 month high of $10.16. The company has a market cap of $11.86 billion, a PE ratio of 6.15, a price-to-earnings-growth ratio of 1.39 and a beta of 0.89. The company has a quick ratio of 0.77, a current ratio of 0.85 and a debt-to-equity ratio of 1.05. The business’s 50 day moving average is $9.14 and its two-hundred day moving average is $8.87.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings data on Thursday, October 30th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.01. The business had revenue of $13.06 billion for the quarter, compared to the consensus estimate of $12.98 billion. Deutsche Lufthansa had a net margin of 4.45% and a return on equity of 15.73%. Equities analysts predict that Deutsche Lufthansa will post 0.87 EPS for the current year.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.