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

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

DLAKY has been the subject of a number of 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. Zacks Research raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Kepler Capital Markets raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th. Barclays downgraded Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, January 14th. Finally, Citigroup cut Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd.

Deutsche Lufthansa Trading Down 1.0%

Shares of DLAKY stock opened at $10.38 on Tuesday. Deutsche Lufthansa has a fifty-two week low of $6.21 and a fifty-two week high of $10.68. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.77 and a current ratio of 0.85. The stock has a 50 day simple moving average of $9.76 and a two-hundred day simple moving average of $9.14. The company has a market cap of $12.44 billion, a P/E ratio of 6.45, a PEG ratio of 0.70 and a beta of 0.86.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 15.73% and a net margin of 4.45%. Research analysts forecast that Deutsche Lufthansa will post 0.87 earnings per share for the current year.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC raised its holdings in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,270 shares of the transportation company’s stock after buying 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 Securities and Exchange Commission.

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.