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

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been assigned a consensus rating of “Reduce” from the nine analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the company.

Several brokerages have recently issued reports on DLAKY. Zacks Research upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research report on Monday. Barclays cut shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. Morgan Stanley cut shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Finally, The Goldman Sachs Group cut shares of Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a research report on Friday, March 20th.

Deutsche Lufthansa Stock Up 3.1%

DLAKY opened at $10.44 on Friday. The firm has a 50-day simple moving average of $9.37 and a two-hundred day simple moving average of $9.69. Deutsche Lufthansa has a 52 week low of $7.72 and a 52 week high of $11.29. The company has a market capitalization of $12.52 billion, a PE ratio of 6.96, a price-to-earnings-growth ratio of 1.16 and a beta of 0.97. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.94.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings data on Wednesday, May 6th. The transportation company reported ($0.64) EPS 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 13.46%. The company had revenue of $10.28 billion for the quarter, compared to the consensus estimate of $10.29 billion. Analysts forecast that Deutsche Lufthansa will post 1.15 earnings per share for the current fiscal 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 Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.