Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research analysts have recently issued reports on DLAKY shares. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a report on Wednesday, January 7th. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research note on Monday, December 1st. Kepler Capital Markets upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. Zacks Research raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Finally, Citigroup cut shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd.

Deutsche Lufthansa Stock Performance

Shares of DLAKY opened at $10.75 on Friday. The company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 6.67, a price-to-earnings-growth ratio of 0.72 and a beta of 0.87. Deutsche Lufthansa has a 52-week low of $6.21 and a 52-week high of $11.29. The company has a quick ratio of 0.77, a current ratio of 0.85 and a debt-to-equity ratio of 1.05. The stock has a 50 day moving average price of $10.14 and a 200 day moving average price of $9.33.

Deutsche Lufthansa Company Profile

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.