Deutsche Lufthansa (OTCMKTS:DLAKY) Raised to “Hold” at Barclays

Deutsche Lufthansa (OTCMKTS:DLAKY) was upgraded by Barclays from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other equities research analysts also recently issued reports about the company. Zacks Research downgraded Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research report on Monday, December 1st. Kepler Capital Markets raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Lufthansa Stock Up 3.2%

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

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