Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given an average recommendation of “Hold” by the nine brokerages that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

DLAKY has been the subject of several recent analyst reports. The Goldman Sachs Group cut Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a report on Friday, March 20th. Barclays cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th. Finally, Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th.

Deutsche Lufthansa Stock Performance

Shares of DLAKY stock opened at $9.18 on Monday. The business’s 50 day moving average is $8.99 and its two-hundred day moving average is $9.59. Deutsche Lufthansa has a twelve month low of $7.37 and a twelve month high of $11.29. The company has a market capitalization of $11.01 billion, a P/E ratio of 6.12, a price-to-earnings-growth ratio of 1.05 and a beta of 0.92. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 1.03.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its earnings results on Wednesday, May 6th. The transportation company reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.35). Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.91%. The company had revenue of $10.28 billion during the quarter, compared to analysts’ expectations of $10.29 billion. Equities analysts forecast that Deutsche Lufthansa will post 1.15 EPS for the current year.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently bought a new position in Deutsche Lufthansa stock. Sterling Capital Management LLC acquired a new position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

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.