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

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given an average recommendation of “Hold” by the seven research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company.

Several research analysts have weighed in on DLAKY shares. JPMorgan Chase & Co. upgraded Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research report on Monday, December 1st. Morgan Stanley began coverage on shares of Deutsche Lufthansa in a research report on Wednesday, October 15th. They set an “underweight” rating for the company. Kepler Capital Markets raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Friday, December 12th. Finally, Citigroup cut Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC increased its stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,270 shares of the transportation company’s stock after acquiring 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 Stock Up 0.5%

DLAKY stock opened at $9.86 on Friday. Deutsche Lufthansa has a 1-year low of $5.69 and a 1-year high of $10.16. The firm has a market capitalization of $11.81 billion, a PE ratio of 6.12, a PEG ratio of 1.38 and a beta of 0.89. The business’s 50 day simple moving average is $9.23 and its 200 day simple moving average is $8.92. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 1.05.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its earnings results 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. The company had revenue of $13.06 billion during the quarter, compared to analysts’ expectations of $12.98 billion. Deutsche Lufthansa had a net margin of 4.45% and a return on equity of 15.73%. As a group, research analysts anticipate that Deutsche Lufthansa will post 0.87 EPS 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.