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.

Further reading

Analyst recommendations for Deutsche Lufthansa (OTCMKTS: DLAKY)



Get news and reviews for Deutsche Lufthansa Daily – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Deutsche Lufthansa and related companies with MarketBeat.com’s free daily email newsletter.

Comments are closed.