Deutsche Lufthansa (OTCMKTS:DLAKY) Stock Rating Upgraded by Zacks Research

Deutsche Lufthansa (OTCMKTS:DLAKYGet Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts also recently commented on the stock. Barclays downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. The Goldman Sachs Group downgraded shares of Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a research report on Friday, March 20th. Finally, Morgan Stanley downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Deutsche Lufthansa has a consensus rating of “Reduce”.

Check Out Our Latest Analysis on DLAKY

Deutsche Lufthansa Stock Up 0.9%

DLAKY stock opened at $10.28 on Monday. The company has a fifty day moving average price of $9.31 and a 200 day moving average price of $9.67. Deutsche Lufthansa has a 12 month low of $7.72 and a 12 month high of $11.29. The company has a market cap of $12.33 billion, a price-to-earnings ratio of 6.85, a price-to-earnings-growth ratio of 1.17 and a beta of 0.97. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.73.

Deutsche Lufthansa (OTCMKTS:DLAKYGet Free Report) last announced 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 firm had revenue of $10.28 billion for the quarter, compared to analysts’ expectations of $10.29 billion. Deutsche Lufthansa had a return on equity of 13.46% and a net margin of 3.83%. Sell-side analysts expect that Deutsche Lufthansa will post 1.15 earnings per share for the current year.

Hedge Funds Weigh In On Deutsche Lufthansa

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

Deutsche Lufthansa Company Profile

(Get Free Report)

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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