Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Medium “Hold” Recommendation From Analysts
Shares of Deutsche Lufthansa AG (OTCMKTS: DLAKY – Get an assessment) have obtained a consensus rating of “Hold” from the sixteen rating agencies that currently cover the security, market beat reports. Six research analysts rated the stock with a sell recommendation, five gave the company a hold recommendation and three gave the company a buy recommendation. The 1-year average price target among brokers who have covered the stock over the past year is $6.96.
A number of research companies have recently commented on DLAKY. Barclays raised its price target on Deutsche Lufthansa shares from €5.20 ($5.31) to €5.70 ($5.82) and gave the stock an “underweight” rating in a research report from Thursday, May 12. Morgan Stanley raised its price target on Deutsche Lufthansa shares from €6.00 ($6.12) to €7.00 ($7.14) in a Friday, May 6 research report. Deutsche Bank Aktiengesellschaft cut its price target on Deutsche Lufthansa shares from €8.00 ($8.16) to €7.50 ($7.65) in a Friday, June 24 report. UBS Group raised its price target on Deutsche Lufthansa shares from €7.25 ($7.40) to €7.80 ($7.96) and gave the company a “neutral” rating in a report released on Tuesday. Finally, Sanford C. Bernstein upgraded Deutsche Lufthansa shares from a “market performer” rating to an “underperformer” rating in a Thursday, June 30 report.
Deutsche Lufthansa trades up 1.8%
OTCMKTS DLAKY opened at $6.83 on Thursday. The company’s fifty-day simple moving average is $6.28 and its 200-day simple moving average is $7.20. Deutsche Lufthansa has a 52-week low of $5.53 and a 52-week high of $11.10. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt ratio of 2.67. The stock has a market capitalization of $4.08 billion, a P/E ratio of -6.76 and a beta of 1.18.
Deutsche Lufthansa company profile
Deutsche Lufthansa AG operates as an airline in Germany and internationally. The Company’s Network Airlines segment provides passenger services. Its Eurowings segment provides passenger services via a route network of more than 100 destinations in more than 50 countries. The Company’s Logistics segment offers transportation services for various cargoes, including general cargo, dangerous goods, valuables, vulnerable commodities, perishables, live animals, courier services, emergency, airmail/e-commerce and temperature-sensitive goods services to approximately 300 destinations in 100 countries.
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