Deutsche Lufthansa (OTCMKTS:DLAKY) Price target raised to €7.25 at UBS Group


Deutsche Lufthansa (OTCMKTS: DLAKYGet a rating) saw its price target raised by UBS Group research analysts from €6.65 ($7.00) to €7.25 ($7.63) in a research report delivered to clients and investors on Sunday, Fly reports.

A number of other stock analysts have also weighed in on DLAKY recently. Exane BNP Paribas downgraded Deutsche Lufthansa shares from a “neutral” rating to an “underperforming” rating and set a target price of €5.50 ($5.79) for the stock. in a report on Friday, March 18. Zacks Investment Research upgraded Deutsche Lufthansa shares from a “sell” rating to a “hold” rating in a Tuesday, May 10 report. HSBC downgraded Deutsche Lufthansa shares from a “retained” rating to a “reduced” rating in a Wednesday, January 19 report. Sanford C. Bernstein downgraded Deutsche Lufthansa shares from an “outperform” rating to a “market performer” rating in a Tuesday, Jan. 18, report. Finally, Morgan Stanley raised its price target on Deutsche Lufthansa shares from €6.00 ​​($6.32) to €7.00 ($7.37) in a Friday, May 6 report. Six analysts gave the stock a sell rating, eight gave the company a hold rating and three gave the company a buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $6.99.

OTCMKTS DLAKY opened at $7.16 on Friday. 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 $13.86. The company has a market capitalization of $4.28 billion, a PE ratio of -2.59 and a beta of 1.12. The company’s 50-day moving average is $7.68 and its 200-day moving average is $7.54.

Deutsche Lufthansa (OTCMKTS: DLAKYGet a rating) last released its results on Thursday, March 3. The transportation company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimate of ($0.20) by ($0.23). The company posted revenue of $6.67 billion for the quarter. Deutsche Lufthansa posted a negative return on equity of 43.59% and a negative net margin of 8.86%. As a group, sell-side analysts expect Deutsche Lufthansa to post EPS of 0.39 for the current year.

About Deutsche Lufthansa (Get a rating)

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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