Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Recommendation of “Reduce” from Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKYGet Free Report) have received an average recommendation of “Reduce” from the seven analysts that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has given a strong buy recommendation to the company.

A number of analysts have recently weighed in on the stock. Zacks Research upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Barclays downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. Morgan Stanley lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Tuesday, May 26th. Finally, Citigroup downgraded Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th.

Check Out Our Latest Stock Report on DLAKY

Institutional Trading of Deutsche Lufthansa

Hedge funds have recently modified their holdings of the stock. Fulton Bank N.A. acquired a new stake in Deutsche Lufthansa during the second quarter worth about $120,000. GAMMA Investing LLC lifted its holdings in Deutsche Lufthansa by 52.1% in the second quarter. GAMMA Investing LLC now owns 13,943 shares of the transportation company’s stock valued at $159,000 after acquiring an additional 4,779 shares during the period. Finally, Sterling Capital Management LLC acquired a new position in Deutsche Lufthansa in the first quarter valued at approximately $204,000.

Deutsche Lufthansa Price Performance

Shares of OTCMKTS:DLAKY opened at $9.73 on Friday. Deutsche Lufthansa has a twelve month low of $7.91 and a twelve month high of $11.53. The company’s 50 day moving average is $10.33 and its 200 day moving average is $9.85. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 0.94. The company has a market cap of $11.70 billion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 0.51 and a beta of 0.96.

Deutsche Lufthansa (OTCMKTS:DLAKYGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The transportation company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.21). Deutsche Lufthansa had a return on equity of 5.79% and a net margin of 1.63%.The business had revenue of $12.84 billion for the quarter, compared to analysts’ expectations of $12.76 billion. On average, sell-side analysts forecast that Deutsche Lufthansa will post 1.19 EPS for the current year.

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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