Deutsche Lufthansa AG (OTCMKTS:DLAKY) receives consensus PT of $7.67 from analysts
Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Rating) received a consensus recommendation of “Hold” by the seventeen brokerages that currently cover the company, MarketBeat reports. Six research analysts rated the stock with a sell recommendation, seven gave a hold recommendation and three gave the company a buy recommendation. The 12-month average price target among brokers who updated their coverage on the stock in the last year is $7.67.
Several research companies commented on DLAKY. Sanford C. Bernstein downgraded Deutsche Lufthansa from an “outperforming” rating to a “market performing” rating in a Tuesday, Jan. 18 research report. Barclays raised its price target on Deutsche Lufthansa shares from €5.20 ($5.71) to €5.70 ($6.26) in a Wednesday, January 19 research note. Deutsche Bank Aktiengesellschaft downgraded Deutsche Lufthansa shares from a “buy” rating to a “hold” rating in a Thursday, March 24 report. Citigroup upgraded Deutsche Lufthansa from a “sell” rating to a “buy” rating in a Monday, Jan. 3, report. Finally, Stifel Nicolaus upgraded Deutsche Lufthansa from a “hold” rating to a “buy” rating in a report on Wednesday January 26.
Shares of OTCMKTS:DLAKY traded down $0.11 in the midday session on Friday, hitting $7.56. The company had a trading volume of 12,400 shares, compared to an average volume of 132,926. The company has a fifty-day simple moving average of $7.88 and a 200-day simple moving average of $7.81. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt ratio of 3.35. Deutsche Lufthansa has a 12-month low of $6.01 and a 12-month high of $13.95.
Deutsche Lufthansa company profile (Get an assessment)
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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