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

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been assigned an average rating of “Hold” from the thirteen brokerages that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $18.75.

DLAKY has been the subject of several recent analyst reports. Bank of America started coverage on shares of Deutsche Lufthansa in a report on Tuesday, October 1st. They issued an “underperform” rating for the company. Sanford C. Bernstein raised Deutsche Lufthansa from a “market perform” rating to an “outperform” rating in a report on Wednesday, October 30th. ValuEngine raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Credit Suisse Group upgraded Deutsche Lufthansa from a “neutral” rating to an “outperform” rating in a research report on Friday, November 29th. Finally, Goldman Sachs Group started coverage on Deutsche Lufthansa in a research note on Tuesday, November 19th. They issued a “sell” rating on the stock.

Deutsche Lufthansa stock opened at $18.70 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 0.68. Deutsche Lufthansa has a one year low of $14.22 and a one year high of $26.83. The company has a 50-day simple moving average of $18.56 and a 200-day simple moving average of $17.22. The firm has a market capitalization of $8.98 billion, a P/E ratio of 3.46 and a beta of 0.92.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its quarterly earnings data on Thursday, November 7th. The transportation company reported $2.76 earnings per share (EPS) for the quarter. The business had revenue of $11.56 billion during the quarter. Deutsche Lufthansa had a return on equity of 15.69% and a net margin of 3.99%. As a group, sell-side analysts forecast that Deutsche Lufthansa will post 3.07 earnings per share for the current year.

An institutional investor recently raised its position in Deutsche Lufthansa stock. Quadrant Capital Group LLC increased its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 90.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,780 shares of the transportation company’s stock after purchasing an additional 6,085 shares during the quarter. Quadrant Capital Group LLC’s holdings in Deutsche Lufthansa were worth $199,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.13% of the company’s stock.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.

Read More: How Do You Make Money With Penny Stocks?

Analyst Recommendations for Deutsche Lufthansa (OTCMKTS:DLAKY)

Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.