Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Rating of “Moderate Buy” by Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given an average rating of “Moderate Buy” by the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.

A number of brokerages have recently weighed in on DLAKY. JPMorgan Chase & Co. raised Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research note on Monday, December 1st. Zacks Research raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research note on Wednesday, January 7th. Kepler Capital Markets raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Barclays downgraded Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 14th.

Deutsche Lufthansa Price Performance

Shares of DLAKY opened at $10.75 on Friday. The firm has a 50-day simple moving average of $10.14 and a two-hundred day simple moving average of $9.33. The stock has a market cap of $12.89 billion, a PE ratio of 6.67, a P/E/G ratio of 0.72 and a beta of 0.87. Deutsche Lufthansa has a 1-year low of $6.21 and a 1-year high of $11.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.77.

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.