Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of “Reduce” from Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have received a consensus recommendation of “Reduce” from the six research firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a strong buy recommendation on the company.

Several equities research analysts have recently issued reports on DLAKY shares. Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 10th. 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 report on Tuesday, October 1st. Finally, Stifel Nicolaus upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Thursday, October 17th.

Deutsche Lufthansa Price Performance

Shares of Deutsche Lufthansa stock opened at $7.09 on Thursday. The business has a 50 day moving average price of $6.78 and a 200 day moving average price of $6.77. The company has a market capitalization of $8.48 billion, a P/E ratio of 5.86, a P/E/G ratio of 1.67 and a beta of 1.24. Deutsche Lufthansa has a 1 year low of $6.05 and a 1 year high of $9.27.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its quarterly earnings data on Tuesday, July 30th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.02). The company had revenue of $10.77 billion during the quarter. Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. As a group, research analysts expect that Deutsche Lufthansa will post 0.91 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.