Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company.

DLAKY has been the subject of several recent research reports. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a report on Monday, December 1st. Morgan Stanley assumed coverage on shares of Deutsche Lufthansa in a research report on Wednesday, October 15th. They set an “underweight” rating on the stock. Citigroup cut Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Kepler Capital Markets raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th.

Deutsche Lufthansa Price Performance

Shares of OTCMKTS DLAKY opened at $9.85 on Friday. The company has a fifty day moving average price of $9.17 and a 200 day moving average price of $8.89. The firm has a market cap of $11.80 billion, a PE ratio of 6.12, a PEG ratio of 1.38 and a beta of 0.89. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 1.05. Deutsche Lufthansa has a 1-year low of $5.69 and a 1-year high of $10.16.

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

Institutional Investors Weigh In On Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% in the 2nd quarter, according to its most recent filing with the 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 as of its most recent filing with the SEC.

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.