Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Recommendation of “Hold” by Brokerages

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have received a consensus rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms recently weighed in on DLAKY. Kepler Capital Markets raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Zacks Research lowered Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. upgraded Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research report on Monday, December 1st. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research note on Wednesday, January 7th. Finally, Barclays upgraded Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday.

Deutsche Lufthansa Stock Performance

DLAKY opened at $9.47 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 1.05. The business’s 50 day moving average is $10.31 and its 200-day moving average is $9.47. The stock has a market cap of $11.36 billion, a PE ratio of 6.97, a price-to-earnings-growth ratio of 0.62 and a beta of 0.84. Deutsche Lufthansa has a twelve month low of $6.21 and a twelve month high of $11.29.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its quarterly earnings data on Friday, March 6th. The transportation company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). Deutsche Lufthansa had a return on equity of 13.47% and a net margin of 3.63%.The business had revenue of $11.52 billion during the quarter, compared to the consensus estimate of $11.38 billion. On average, analysts predict that Deutsche Lufthansa will post 0.87 earnings per share for the current year.

Deutsche Lufthansa Company Profile

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.