Deutsche Lufthansa (OTCMKTS:DLAKY) Stock Rating Lowered by Morgan Stanley

Deutsche Lufthansa (OTCMKTS:DLAKYGet Free Report) was downgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a note issued to investors on Tuesday.

A number of other research analysts have also recently commented on the company. Barclays cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Friday, May 8th. Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 14th. Finally, The Goldman Sachs Group cut Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a research note on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

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Deutsche Lufthansa Stock Performance

Shares of DLAKY opened at $9.18 on Tuesday. The stock’s 50-day moving average is $8.99 and its two-hundred day moving average is $9.59. The stock has a market cap of $11.01 billion, a PE ratio of 6.12, a P/E/G ratio of 1.05 and a beta of 0.92. Deutsche Lufthansa has a 12 month low of $7.37 and a 12 month high of $11.29. 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 (OTCMKTS:DLAKYGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The transportation company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.35). The company had revenue of $10.28 billion for the quarter, compared to analyst estimates of $10.29 billion. Deutsche Lufthansa had a return on equity of 13.91% and a net margin of 3.83%. Equities analysts forecast that Deutsche Lufthansa will post 1.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. Sterling Capital Management LLC acquired a new stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKYFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

Deutsche Lufthansa Company Profile

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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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Analyst Recommendations for Deutsche Lufthansa (OTCMKTS:DLAKY)

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