Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Recommendation of “Reduce” by Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given an average rating of “Reduce” by the nine brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have recently commented on DLAKY. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. Morgan Stanley lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Zacks Research raised shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research report on Monday. Finally, The Goldman Sachs Group lowered shares of Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a research report on Friday, March 20th.

Hedge Funds Weigh In On Deutsche Lufthansa

An institutional investor recently bought a new position in Deutsche Lufthansa stock. Sterling Capital Management LLC acquired a new stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 24,628 shares of the transportation company’s stock, valued at approximately $204,000.

Deutsche Lufthansa Stock Up 3.1%

Shares of OTCMKTS DLAKY opened at $10.44 on Friday. The company has a market cap of $12.52 billion, a P/E ratio of 6.96, a PEG ratio of 1.16 and a beta of 0.97. The firm has a 50-day simple moving average of $9.37 and a two-hundred day simple moving average of $9.69. Deutsche Lufthansa has a 1 year low of $7.72 and a 1 year high of $11.29. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.73.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its earnings results on Wednesday, May 6th. The transportation company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.35). The company had revenue of $10.28 billion for the quarter, compared to analysts’ expectations of $10.29 billion. Deutsche Lufthansa had a return on equity of 13.46% and a net margin of 3.83%. Research analysts anticipate that Deutsche Lufthansa will post 1.15 earnings per share for the current 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.