Deutsche Lufthansa AG (OTCMKTS: DLAKY) receives analyst consensus rating “Conserve”

Shares of Deutsche Lufthansa AG (OTCMKTS: DLAKY) received an average “Hold” rating from the eighteen research firms that currently cover the company, MarketBeat reports. Seven analysts rated the stock with a sell rating, eight assigned a conservation rating and three issued a buy rating on the company. The 1-year average price target among brokerage firms that reported on the stock in the past year is $ 9.05.

A number of equity research analysts have published reports on the stock. Credit Suisse Group reaffirmed an “underperformance” rating on Deutsche Lufthansa shares in a report released on Tuesday, September 21. HSBC began covering shares of Deutsche Lufthansa in a report on Tuesday, October 12. They set a “conservation” rating for the company. Stifel Nicolaus downgraded Deutsche Lufthansa’s shares from a “sell” note to a “keep” note in a research report published on Friday, October 15. They noted that the move was an appraisal call. The UBS Group upgraded Deutsche Lufthansa’s shares from a “sell” rating to a “neutral” rating in a research report published on Monday, November 15. Finally, Exane BNP Paribas raised Deutsche Lufthansa shares from an “underperforming” rating to a “neutral” rating in a research report published on Wednesday November 17th.

An institutional investor recently increased its position in Deutsche Lufthansa stock. Parametric Portfolio Associates LLC increased its stake in shares of Deutsche Lufthansa AG (OTCMKTS: DLAKY) by 5.1% in the 2nd quarter, according to its latest Form 13F filed with the Securities and Exchange Commission (SEC). The fund held 476,607 shares of the transport company after purchasing an additional 23,163 shares during the quarter. 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. Institutional investors and hedge funds own 0.08% of the company’s shares.

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OCTCMKTS: DLAKY shares opened at $ 6.46 on Friday. The stock has a market cap of $ 3.86 billion, a PE ratio of -1.02 and a beta of 1.20. Deutsche Lufthansa has a one-year low at $ 6.11 and a one-year high at $ 15.56. The company has a fifty-day moving average price of $ 8.01 and a 200-day moving average price of $ 10.23. The company has a current ratio of 0.78, a rapid ratio of 0.74 and a debt ratio of 4.22.

Deutsche Lufthansa (OTCMKTS: DLAKY) last published its quarterly results on Tuesday, November 2. The transportation company reported ($ 0.18) earnings per share (EPS) for the quarter, beating the Zacks consensus estimate of ($ 0.34) by $ 0.16. Deutsche Lufthansa had a negative net margin of 22.37% and a negative return on equity of 138.43%. On average, sell-side analysts forecast Deutsche Lufthansa to post earnings per share of -3.36 for the current fiscal year.

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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Analyst Recommendations for Deutsche Lufthansa (OTCMKTS: DLAKY)

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