Deutsche Lufthansa AG (DLAKY) Given Average Recommendation of “Hold” by Analysts
Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given a consensus rating of “Hold” by the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.
DLAKY has been the subject of a number of analyst reports. Morgan Stanley upgraded Deutsche Lufthansa AG from an “underweight” rating to an “equal weight” rating in a report on Tuesday, August 29th. Deutsche Bank AG upgraded Deutsche Lufthansa AG from a “sell” rating to a “hold” rating in a report on Thursday, August 10th. Finally, Sanford C. Bernstein upgraded Deutsche Lufthansa AG from an “underperform” rating to a “market perform” rating in a report on Friday, September 1st.
COPYRIGHT VIOLATION WARNING: “Deutsche Lufthansa AG (DLAKY) Given Average Recommendation of “Hold” by Analysts” was originally reported by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/11/09/deutsche-lufthansa-ag-dlaky-given-average-recommendation-of-hold-by-analysts.html.
A hedge fund recently raised its stake in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC grew its holdings in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 290,265 shares of the transportation company’s stock after buying an additional 5,194 shares during the quarter. Parametric Portfolio Associates LLC owned 0.06% of Deutsche Lufthansa AG worth $6,621,000 as of its most recent SEC filing. Institutional investors own 0.14% of the company’s stock.
Deutsche Lufthansa AG (DLAKY) opened at $31.07 on Thursday. The firm has a market capitalization of $15,165.13, a P/E ratio of 7.35 and a beta of 0.56. Deutsche Lufthansa AG has a fifty-two week low of $12.17 and a fifty-two week high of $32.89. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.97 and a quick ratio of 0.91.
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.
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.