Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded by Barclays to “Hold” Rating

Deutsche Lufthansa (OTCMKTS:DLAKY) was upgraded by analysts at Barclays from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

DLAKY has been the subject of a number of other research reports. Zacks Research downgraded shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research note on Monday, December 1st. Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research report on Wednesday, January 7th. Finally, Kepler Capital Markets upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Deutsche Lufthansa Stock Down 3.7%

Shares of OTCMKTS:DLAKY opened at $9.17 on Monday. Deutsche Lufthansa has a 1 year low of $6.21 and a 1 year high of $11.29. The company has a market capitalization of $11.00 billion, a PE ratio of 6.74, a price-to-earnings-growth ratio of 0.64 and a beta of 0.83. The business has a fifty day moving average price of $10.32 and a two-hundred day moving average price of $9.47. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.77.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its earnings results on Friday, March 6th. The transportation company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The business had revenue of $11.52 billion for the quarter, compared to the consensus estimate of $11.38 billion. Deutsche Lufthansa had a return on equity of 13.47% and a net margin of 3.63%. Analysts forecast that Deutsche Lufthansa will post 0.87 earnings per share for the current year.

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.