Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Average Analyst Rating of “Hold”
Shares of Deutsche Lufthansa AG (OTCMKTS: DLAKY – Get a rating) have been given a consensus rating of “Hold” by the eighteen analysts who currently cover the company, Marketbeat.com reports. Six research analysts gave the stock a sell rating, seven gave the company a hold rating and three gave the company a buy rating. The average 1-year target price among brokerages that have hedged the stock over the past year is $8.23.
Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised its price target on Deutsche Lufthansa from €8.20 ($8.91) to €8.30 ($9.02) in a Wednesday, January 19 report. Sanford C. Bernstein downgraded Deutsche Lufthansa from an “outperforming” rating to a “market performance” rating in a Tuesday, Jan. 18, report. HSBC downgraded Deutsche Lufthansa from a “maintain” rating to a “reduce” rating in a Wednesday, January 19 report. UBS Group upgraded Deutsche Lufthansa from a “sell” rating to a “neutral” rating in a Monday, November 15 report. Finally, Stifel Nicolaus upgraded Deutsche Lufthansa from a “hold” rating to a “buy” rating in a report on Wednesday January 26.
OTCMKTS: DLAKY opened at $7.29 on Monday. The stock’s fifty-day simple moving average is $7.87 and its 200-day simple moving average is $8.10. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt ratio of 3.87. The company has a market capitalization of $4.36 billion, a P/E ratio of -1.69 and a beta of 1.12. Deutsche Lufthansa has a 12-month low of $6.01 and a 12-month high of $14.70.
An institutional investor recently increased his position in Deutsche Lufthansa shares. Parametric Portfolio Associates LLC has increased its equity stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get a rating) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund held 476,607 shares of the transportation company after buying an additional 23,163 shares during the quarter. Parametric Portfolio Associates LLC owned approximately 0.08% of Deutsche Lufthansa worth $5,379,000 at the end of the most recent reporting period.
Deutsche Lufthansa company profile (Get a rating)
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.
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