Deutsche Lufthansa AG (DLAKY) Given Average Rating of “Hold” by Analysts
Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been assigned an average recommendation of “Hold” from the seventeen research firms that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, four have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $19.00.
DLAKY has been the subject of several recent analyst reports. Sanford C. Bernstein raised Deutsche Lufthansa AG from an “underperform” rating to a “market perform” rating in a research note on Friday, September 1st. Morgan Stanley raised Deutsche Lufthansa AG from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, August 29th. Deutsche Bank AG raised Deutsche Lufthansa AG from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Royal Bank Of Canada raised Deutsche Lufthansa AG from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, June 27th. Finally, Credit Suisse Group raised Deutsche Lufthansa AG from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 13th.
Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) opened at 27.41 on Wednesday. Deutsche Lufthansa AG has a 12-month low of $10.35 and a 12-month high of $27.56. The firm has a market cap of $12.84 billion, a P/E ratio of 5.31 and a beta of 0.47. The firm has a 50-day moving average price of $24.81 and a 200-day moving average price of $20.44.
COPYRIGHT VIOLATION WARNING: “Deutsche Lufthansa AG (DLAKY) Given Average Rating of “Hold” by Analysts” was originally published by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/09/20/deutsche-lufthansa-ag-dlaky-given-average-rating-of-hold-by-analysts.html.
An institutional investor recently raised its position in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC grew its stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 290,265 shares of the transportation company’s stock after purchasing an additional 5,194 shares during the period. Parametric Portfolio Associates LLC owned about 0.06% of Deutsche Lufthansa AG worth $6,621,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.16% of the company’s stock.
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.
Receive News & Ratings for Deutsche Lufthansa AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa AG and related companies with MarketBeat.com's FREE daily email newsletter.