Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded to Hold by Stifel Nicolaus

Stifel Nicolaus upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a sell rating to a hold rating in a report released on Thursday morning, Marketbeat reports.

Several other brokerages have also recently weighed in on DLAKY. Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 1st. Morgan Stanley lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 10th. Finally, Citigroup lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Deutsche Lufthansa Price Performance

DLAKY stock opened at $7.33 on Thursday. Deutsche Lufthansa has a 1 year low of $6.05 and a 1 year high of $9.27. The stock has a market capitalization of $8.77 billion, a PE ratio of 6.06, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24. The company’s 50-day moving average is $6.72 and its 200-day moving average is $6.78.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings results on Tuesday, July 30th. The transportation company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02). Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. The business had revenue of $10.77 billion during the quarter. On average, analysts anticipate that Deutsche Lufthansa will post 0.91 earnings per share for the current fiscal year.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.