Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Rating of “Reduce” by Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has earned a consensus rating of “Reduce” from the six brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company.

DLAKY has been the topic of several recent analyst reports. Barclays raised shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Monday, August 4th. Citigroup lowered Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. raised Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a research note on Monday. Finally, Morgan Stanley started coverage on Deutsche Lufthansa in a research note on Wednesday, October 15th. They set an “underweight” rating on the stock.

Deutsche Lufthansa Stock Up 1.8%

DLAKY opened at $9.59 on Monday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.78. The company has a market capitalization of $11.49 billion, a PE ratio of 5.74, a P/E/G ratio of 0.97 and a beta of 1.11. The stock’s fifty day moving average is $8.71 and its 200-day moving average is $8.62. Deutsche Lufthansa has a one year low of $5.69 and a one year high of $9.72.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released 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. Deutsche Lufthansa had a return on equity of 17.19% and a net margin of 4.76%.The firm had revenue of $13.06 billion for the quarter, compared to analyst estimates of $12.98 billion. On average, equities analysts predict 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 raised its stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,270 shares of the transportation company’s stock after buying an additional 8,336 shares during the period. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $78,000 as of its most recent SEC filing.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.