Deutsche Lufthansa AG (OTCMKTS:DLAKY) has received a consensus rating of “Hold” from the eleven research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $15.50.
Several analysts have recently commented on DLAKY shares. Societe Generale cut Deutsche Lufthansa from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Berenberg Bank reissued a “hold” rating and issued a $15.50 price target on shares of Deutsche Lufthansa in a report on Wednesday, July 31st. Royal Bank of Canada reissued a “sector perform” rating on shares of Deutsche Lufthansa in a report on Friday, July 5th. Credit Suisse Group reissued a “neutral” rating on shares of Deutsche Lufthansa in a report on Tuesday, July 23rd. Finally, HSBC cut Deutsche Lufthansa from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th.
Shares of DLAKY stock opened at $16.21 on Wednesday. The company has a 50 day moving average of $16.77. Deutsche Lufthansa has a twelve month low of $15.69 and a twelve month high of $28.07. The stock has a market cap of $7.70 billion, a P/E ratio of 4.81 and a beta of 0.91. The company has a quick ratio of 0.59, a current ratio of 0.64 and a debt-to-equity ratio of 0.74.
An institutional investor recently raised its position in Deutsche Lufthansa stock. Boston Advisors LLC increased its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 29.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,652 shares of the transportation company’s stock after purchasing an additional 4,416 shares during the quarter. Boston Advisors LLC’s holdings in Deutsche Lufthansa were worth $431,000 as of its most recent filing with the SEC. 0.20% of the stock is currently owned by institutional investors and hedge funds.
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.
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