Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company.
Several equities research analysts recently issued reports on DLAKY shares. ValuEngine cut Deutsche Lufthansa from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Citigroup upgraded Deutsche Lufthansa from a “neutral” rating to a “buy” rating in a research note on Thursday, March 7th. Morgan Stanley upgraded Deutsche Lufthansa from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, January 22nd. Finally, Macquarie started coverage on Deutsche Lufthansa in a research note on Tuesday, November 27th. They issued a “neutral” rating for the company.
An institutional investor recently raised its position in Deutsche Lufthansa stock. Quadrant Capital Group LLC boosted its holdings in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 83.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,468 shares of the transportation company’s stock after purchasing an additional 2,029 shares during the period. Quadrant Capital Group LLC’s holdings in Deutsche Lufthansa were worth $96,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.20% of the company’s stock.
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.
Recommended Story: What is a portfolio manager?
Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.