Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts give Deutsche Lufthansa a consensus recommendation of Hold from nine covering the stock, with a split of 2 sells, 5 holds, 1 buy and 1 strong buy.
• The company reported quarterly EPS of $0.24, missing the $0.26 consensus while revenue beat at $11.52 billion; the stock trades around $8.36 with a market cap of $10.03 billion and a PE of 6.15.
• Broker moves have been mixed recently: Zacks cut to strong sell, Goldman Sachs cut to sell, while Morgan Stanley upgraded to overweight and Barclays raised to hold.

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine analysts that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

Several brokerages have commented on DLAKY. Zacks Research cut shares of Deutsche Lufthansa from a "hold" rating to a "strong sell" rating in a research report on Tuesday, April 14th. Morgan Stanley raised shares of Deutsche Lufthansa from an "underweight" rating to an "overweight" rating in a report on Wednesday, January 7th. Barclays raised shares of Deutsche Lufthansa from a "strong sell" rating to a "hold" rating in a report on Monday, March 9th. Finally, The Goldman Sachs Group cut shares of Deutsche Lufthansa from a "neutral" rating to a "sell" rating in a report on Friday, March 20th.

Deutsche Lufthansa Trading Down 0.6%

Shares of OTCMKTS:DLAKY opened at $8.36 on Thursday. The company's 50-day moving average price is $9.25 and its two-hundred day moving average price is $9.48. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.81 and a quick ratio of 0.73. Deutsche Lufthansa has a one year low of $6.84 and a one year high of $11.29. The stock has a market capitalization of $10.03 billion, a PE ratio of 6.15, a price-to-earnings-growth ratio of 0.54 and a beta of 0.96.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last issued its quarterly earnings results on Friday, March 6th. The transportation company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). Deutsche Lufthansa had a return on equity of 13.15% and a net margin of 3.63%.The business had revenue of $11.52 billion for the quarter, compared to the consensus estimate of $11.38 billion. On average, equities analysts forecast that Deutsche Lufthansa will post 1.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Deutsche Lufthansa

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. Sterling Capital Management LLC bought a new stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 24,628 shares of the transportation company's stock, valued at approximately $204,000.

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.

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