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

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given an average rating of “Moderate Buy” by the eight research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company.

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

Deutsche Lufthansa Stock Performance

Shares of Deutsche Lufthansa stock opened at $10.38 on Tuesday. The company has a market capitalization of $12.45 billion, a PE ratio of 6.45, a P/E/G ratio of 0.70 and a beta of 0.86. The company has a 50-day simple moving average of $9.79 and a two-hundred day simple moving average of $9.15. Deutsche Lufthansa has a one year low of $6.21 and a one year 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.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its quarterly earnings data 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. Deutsche Lufthansa had a net margin of 4.45% and a return on equity of 15.73%. The firm had revenue of $13.06 billion for the quarter, compared to the consensus estimate of $12.98 billion. Research analysts expect that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

Institutional Investors Weigh In On Deutsche Lufthansa

A hedge fund recently raised its stake in Deutsche Lufthansa stock. GAMMA Investing LLC increased its holdings in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,270 shares of the transportation company’s stock after buying an additional 8,336 shares during the quarter. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $78,000 at the end of the most recent reporting period.

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.