Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Rating of “Hold” from Analysts

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the company.

Several brokerages recently commented on DLAKY. Citigroup downgraded shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. raised Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research report on Monday, December 1st. Morgan Stanley initiated coverage on Deutsche Lufthansa in a report on Wednesday, October 15th. They set an “underweight” rating for the company. Finally, Kepler Capital Markets upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th.

Deutsche Lufthansa Stock Performance

DLAKY opened at $9.90 on Friday. The company has a market capitalization of $11.86 billion, a price-to-earnings ratio of 6.15, a P/E/G ratio of 1.39 and a beta of 0.89. The business’s 50-day moving average price is $9.14 and its two-hundred day moving average price is $8.87. Deutsche Lufthansa has a 1 year low of $5.69 and a 1 year high of $10.16. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.77.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.94 by $0.01. The firm had revenue of $13.06 billion for the quarter, compared to analysts’ expectations of $12.98 billion. Deutsche Lufthansa had a net margin of 4.45% and a return on equity of 15.73%. Equities analysts expect that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

Institutional Trading of Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,270 shares of the transportation company’s stock after purchasing an additional 8,336 shares during the period. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $78,000 at the end of the most recent quarter.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.