Deutsche Lufthansa (OTCMKTS:DLAKY) Lifted to Hold at 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, Marketbeat reports.

Other analysts also recently issued reports about the company. Citigroup downgraded Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, October 15th. Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Finally, Morgan Stanley downgraded Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 10th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Deutsche Lufthansa Stock Up 0.3 %

OTCMKTS DLAKY opened at $7.33 on Thursday. The company has a market capitalization of $8.77 billion, a price-to-earnings ratio of 6.06, a PEG ratio of 1.67 and a beta of 1.24. Deutsche Lufthansa has a twelve month low of $6.05 and a twelve month high of $9.27. The stock has a fifty day simple moving average of $6.72 and a 200 day simple moving average of $6.78.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Tuesday, July 30th. The transportation company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates 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%. Research analysts expect that Deutsche Lufthansa will post 0.91 earnings per share 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.