Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Rating of “Hold” from Brokerages
Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given an average recommendation of “Hold” by the fifteen ratings firms that are currently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $19.00.
Several research firms have recently issued reports on DLAKY. Sanford C. Bernstein began coverage on Deutsche Lufthansa AG in a research note on Tuesday, June 27th. They issued an “underperform” rating for the company. Zacks Investment Research raised Deutsche Lufthansa AG from a “sell” rating to a “hold” rating in a research note on Friday, March 17th. Royal Bank Of Canada raised shares of Deutsche Lufthansa AG from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, June 27th. Kepler Capital Markets raised shares of Deutsche Lufthansa AG from a “reduce” rating to a “hold” rating in a research report on Friday, May 12th. Finally, HSBC Holdings plc raised shares of Deutsche Lufthansa AG from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.
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Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) opened at 23.024 on Friday. Deutsche Lufthansa AG has a 12 month low of $10.35 and a 12 month high of $22.83.
A hedge fund recently raised its stake in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC raised its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 4.7% during the first quarter, according to its most recent filing with the SEC. 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 0.16% of the company’s stock.
About Deutsche Lufthansa AG
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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