Deutsche Lufthansa AG (OTCMKTS:DLAKY) receives an average recommendation of “Hold” from brokers

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) received an average recommendation of “Hold” from the nineteen analysts who cover the company, reports Marketbeat Ratings. Seven equity research analysts gave the stock a sell rating, eight gave the company a hold rating and two gave the company a buy rating. The 1-year average target price among brokers who have issued ratings on the stock in the past year is $8.23.

Several research companies commented on DLAKY. Exane BNP Paribas raised Deutsche Lufthansa from an “underperforming” rating to a “neutral” rating in a report on Wednesday 17 November. Citigroup upgraded Deutsche Lufthansa from a “sell” to a “buy” rating in a Monday, January 3, research report. HSBC downgraded Deutsche Lufthansa from a “maintain” rating to a “reduce” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised its price target on Deutsche Lufthansa from €8.20 ($9.32) to €8.30 ($9.43) in a research note on Wednesday. Finally, Barclays raised its price target on Deutsche Lufthansa from €5.20 ($5.91) to €5.70 ($6.48) in a research note on Wednesday.

An institutional investor recently increased his position in Deutsche Lufthansa shares. Parametric Portfolio Associates LLC increased its holdings of Deutsche Lufthansa AG (OTCMKTS:DLAKY) stock by 5.1% in the second quarter, according to its latest SEC filing. The company held 476,607 shares of the transportation company after purchasing an additional 23,163 shares during the period. Parametric Portfolio Associates LLC owned 0.08% of Deutsche Lufthansa worth $5,379,000 when it last filed with the SEC.

Deutsche Lufthansa shares opened at $7.72 on Friday. Deutsche Lufthansa has a 1-year low of $6.11 and a 1-year high of $15.56. The company has a debt ratio of 3.87, a current ratio of 0.85 and a quick ratio of 0.81. The company’s fifty-day moving average price is $7.19 and its two-hundred-day moving average price is $8.94. The company has a market capitalization of $4.61 billion, a P/E ratio of -1.22 and a beta of 1.24.

(A d)

Whether you’re looking to learn the basics of futures or you’re a seasoned veteran looking to hone your trading skills, our technical analysis guide has everything you need to succeed in today’s futures markets. today!

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its results on Tuesday, November 2. The transportation company reported ($0.18) EPS for the quarter, beating analyst consensus estimates of ($0.34) by $0.16. The company posted revenue of $6.14 billion for the quarter. Deutsche Lufthansa posted a negative return on equity of 118.69% and a negative net margin of 22.37%. On average, research analysts expect Deutsche Lufthansa to post earnings per share of -3.18 for the current fiscal year.

Deutsche Lufthansa company profile

Deutsche Lufthansa AG is engaged in the provision of air passenger, cargo and cargo services. It operates through the following segments: Network Airlines, Eurowings, Logistics, Maintenance Repair Overhaul, Catering and Additional Activities and Group Functions. The Network Airlines segment includes Lufthansa German Airlines, SWISS and Austrian Airlines.

See also: Average daily trading volume – What you need to know

Analyst recommendations for Deutsche Lufthansa (OTCMKTS: DLAKY)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Deutsche Lufthansa right now?

Before you consider Deutsche Lufthansa, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market ripples…and Deutsche Lufthansa was not on the list.

While Deutsche Lufthansa currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Comments are closed.