Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have received a consensus rating of “Reduce” from the six analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently commented on DLAKY. Citigroup lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, October 15th. Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 1st. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, July 10th. Finally, Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday.

Deutsche Lufthansa Stock Up 0.3 %

DLAKY opened at $7.33 on Thursday. The stock’s fifty day moving average is $6.72 and its two-hundred day moving average is $6.78. The company has a market capitalization of $8.77 billion, a P/E ratio of 6.06, a PEG ratio of 1.67 and a beta of 1.24. Deutsche Lufthansa has a 52 week low of $6.05 and a 52 week high of $9.27.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings results on Tuesday, July 30th. The transportation company reported $0.42 EPS 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 firm had revenue of $10.77 billion for the quarter. Equities analysts anticipate that Deutsche Lufthansa will post 0.91 earnings per share for the current 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.