AlphaValue lowers Deutsche Lufthansa (OTCMKTS: DLAKY) to reduce
Deutsche Lufthansa (OTCMKTS: DLAKY) was downgraded by investment analysts at AlphaValue to a “reduce” rating in a note issued Thursday to investors, The Fly reports.
DLAKY has been the subject of several other research reports. UBS Group reiterated a “sell” note on Deutsche Lufthansa shares in a research report on Monday, August 9. The Goldman Sachs group upgraded Deutsche Lufthansa from a “neutral” rating to a “sell” rating in a report published on Monday (June 7th). Zacks Investment Research downgraded Deutsche Lufthansa from a âholdâ rating to a âsellâ rating in a report released on Tuesday, July 13. Barclays reiterated an “underweight” rating on Deutsche Lufthansa shares in a report released on Wednesday (June 16th). Finally, Morgan Stanley set a target price of $ 11.96 on Deutsche Lufthansa and rated the stock “underweight” in a report released on Monday, July 12. Eleven equity research analysts rated the stock with a sell rating and one assigned a conservation rating to the stock. According to MarketBeat data, Deutsche Lufthansa currently has an average rating of âSellâ and a consensus target price of $ 13.98.
OTCMKTS DLAKY opened at $ 9.40 on Thursday. The stock’s 50-day moving average price is $ 10.80 and its 200-day moving average price is $ 12.35. The company has a quick ratio of 0.74, a current ratio of 0.78 and a debt ratio of 4.22. Deutsche Lufthansa has a 52 week minimum of $ 8.11 and a 52 week maximum of $ 15.56. The company has a market cap of $ 5.62 billion, a P / E ratio of -0.89 and a beta of 1.35.
Deutsche Lufthansa (OTCMKTS: DLAKY) last released its quarterly profit data on Tuesday, August 3. The transportation company reported ($ 1.52) EPS for the quarter. Deutsche Lufthansa recorded a negative return on equity of 198.47% and a negative net margin of 44.35%. The company posted sales of $ 3.87 billion in the quarter. Research analysts predict Deutsche Lufthansa will post -4.65 EPS for the current year.
A hedge fund recently increased its stake in Deutsche Lufthansa shares. Parametric Portfolio Associates LLC increased its stake in shares of Deutsche Lufthansa AG (OTCMKTS: DLAKY) by 5.1% in the second quarter, according to its latest filing with the SEC. The fund held 476,607 shares of the transport company after acquiring an additional 23,163 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.08% of Deutsche Lufthansa for a value of $ 5,379,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.08% of the company’s shares.
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG provides air transport services for passengers, freight and freight. It operates through the following segments: Network Airlines, Eurowings, Logistics, Maintenance, Repair, Overhaul, Restoration and Additional Activities and Group Functions. The Network Airlines segment includes Lufthansa German Airlines, SWISS and Austrian Airlines.
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