Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Recommendation of “Hold” from Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given a consensus rating of “Hold” by the eight research firms that are presently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages recently issued reports on DLAKY. Barclays upgraded Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. JPMorgan Chase & Co. raised shares of 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 research report on Wednesday, January 7th. Zacks Research downgraded shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. 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.

Deutsche Lufthansa Trading Down 2.9%

OTCMKTS:DLAKY opened at $8.78 on Wednesday. The firm has a market capitalization of $10.53 billion, a P/E ratio of 6.46, a PEG ratio of 0.46 and a beta of 0.84. 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 has a one year low of $6.21 and a one year high of $11.29. The company’s 50-day simple moving average is $10.27 and its 200 day simple moving average is $9.46.

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

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.