Deutsche Lufthansa AG (DLAKY) Receives Average Rating of “Hold” from Analysts
Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been assigned a consensus rating of “Hold” from the ten analysts that are covering the stock. Four equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $19.00.
Several research firms have commented on DLAKY. Zacks Investment Research downgraded shares of Deutsche Lufthansa AG from a “strong-buy” rating to a “hold” rating in a report on Monday, January 16th. Societe Generale raised shares of Deutsche Lufthansa AG from a “hold” rating to a “buy” rating in a report on Wednesday, February 8th. Finally, Kepler Capital Markets raised shares of Deutsche Lufthansa AG from a “reduce” rating to a “hold” rating in a report on Friday.
An institutional investor recently raised its position in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC raised its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 4.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 285,071 shares of the transportation company’s stock after buying an additional 12,769 shares during the period. Parametric Portfolio Associates LLC’s holdings in Deutsche Lufthansa AG were worth $4,612,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.13% of the company’s stock.
Deutsche Lufthansa AG (OTCMKTS:DLAKY) opened at 18.56 on Tuesday. Deutsche Lufthansa AG has a 12-month low of $10.35 and a 12-month high of $18.63. The company has a market capitalization of $8.70 billion, a price-to-earnings ratio of 4.64 and a beta of 0.78.
Deutsche Lufthansa AG (OTCMKTS:DLAKY) last issued its quarterly earnings results on Thursday, March 16th. The transportation company reported ($0.18) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.47) by $0.29. Deutsche Lufthansa AG had a return on equity of 37.78% and a net margin of 5.67%. The business had revenue of $8.41 billion during the quarter. On average, analysts anticipate that Deutsche Lufthansa AG will post $1.70 EPS for the current fiscal year.
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Deutsche Lufthansa AG Company Profile
Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.
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