Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Rating of “Hold” from Brokerages
Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have earned an average recommendation of “Hold” from the sixteen ratings firms that are covering the company, Marketbeat reports. Six investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.00.
DLAKY has been the topic of several recent research reports. Sanford C. Bernstein initiated coverage on Deutsche Lufthansa AG in a report on Tuesday, June 27th. They issued an “underperform” rating on the stock. Royal Bank Of Canada upgraded Deutsche Lufthansa AG from a “sector perform” rating to an “outperform” rating in a report on Tuesday, June 27th. Credit Suisse Group upgraded Deutsche Lufthansa AG from an “underperform” rating to a “neutral” rating in a report on Tuesday, June 13th. HSBC Holdings plc upgraded Deutsche Lufthansa AG from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, ValuEngine upgraded Deutsche Lufthansa AG from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 31st.
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Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) opened at 21.47 on Tuesday. Deutsche Lufthansa AG has a 12 month low of $10.35 and a 12 month high of $24.64.
A hedge fund recently raised its stake in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC increased its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 4.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 SEC filing. 0.15% of the stock is currently owned by hedge funds and other institutional investors.
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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