Deutsche Lufthansa (OTCMKTS:DLAKY) Cut to Sell at Stifel Nicolaus

Deutsche Lufthansa (OTCMKTS:DLAKY) was downgraded by stock analysts at Stifel Nicolaus from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, Briefing.com reports.

A number of other research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th. Morgan Stanley downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 10th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Deutsche Lufthansa Price Performance

Shares of OTCMKTS:DLAKY opened at $6.38 on Monday. The company’s 50 day simple moving average is $6.79 and its 200 day simple moving average is $7.46. Deutsche Lufthansa has a 1 year low of $6.06 and a 1 year high of $10.16. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 5.27, a price-to-earnings-growth ratio of 2.27 and a beta of 1.23.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported ($0.66) EPS for the quarter, topping analysts’ consensus estimates of ($0.73) by $0.07. The company had revenue of $8.03 billion during the quarter. Deutsche Lufthansa had a return on equity of 17.33% and a net margin of 3.94%. As a group, analysts anticipate that Deutsche Lufthansa will post 1.03 EPS for the current fiscal year.

Deutsche Lufthansa Company Profile

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.