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

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

A number of brokerages have issued reports on DLAKY. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research note on Wednesday, January 7th. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a report on Monday, December 1st. Citigroup cut shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Finally, Kepler Capital Markets raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 12th.

Deutsche Lufthansa Trading Up 0.8%

Shares of DLAKY stock opened at $10.75 on Friday. 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 company has a market capitalization of $12.89 billion, a price-to-earnings ratio of 6.67, a PEG ratio of 0.73 and a beta of 0.86. Deutsche Lufthansa has a 52-week low of $6.21 and a 52-week high of $11.29. The company has a 50-day simple moving average of $10.16 and a two-hundred day simple moving average of $9.35.

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.