Deutsche Lufthansa AG (DLAKY) Receives Consensus Rating of “Hold” from Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has earned a consensus rating of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $19.00.

Several analysts have issued reports on DLAKY shares. HSBC Holdings plc raised shares of Deutsche Lufthansa AG from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Kepler Capital Markets raised shares of Deutsche Lufthansa AG from a “reduce” rating to a “hold” rating in a research note on Friday, May 12th. Zacks Investment Research raised shares of Deutsche Lufthansa AG from a “sell” rating to a “hold” rating in a research note on Friday, March 17th. Credit Suisse Group raised shares of Deutsche Lufthansa AG from an “underperform” rating to a “neutral” rating in a research note on Tuesday. Finally, ValuEngine raised shares of Deutsche Lufthansa AG from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 31st.

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Deutsche Lufthansa AG (OTCMKTS:DLAKY) traded up 0.701% during trading on Monday, reaching $20.835. The company had a trading volume of 24,176 shares. The firm has a market capitalization of $9.77 billion, a P/E ratio of 5.103 and a beta of 0.57. The company has a 50-day moving average of $19.01 and a 200-day moving average of $15.58. Deutsche Lufthansa AG has a 52-week low of $10.35 and a 52-week high of $21.26.

Deutsche Lufthansa AG (OTCMKTS:DLAKY) last posted its quarterly earnings results on Thursday, March 16th. The transportation company reported ($0.18) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.47) by $0.29. The company had revenue of $8.41 billion for the quarter. Deutsche Lufthansa AG had a return on equity of 34.85% and a net margin of 5.68%. Analysts expect that Deutsche Lufthansa AG will post $1.70 EPS for the current fiscal year.

A hedge fund recently raised its stake in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC raised its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 4.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 285,071 shares of the transportation company’s stock after buying an additional 12,769 shares during the period. Parametric Portfolio Associates LLC’s holdings in Deutsche Lufthansa AG were worth $4,612,000 at the end of the most recent reporting period. 0.16% of the stock is currently owned by institutional investors and hedge funds.

About Deutsche Lufthansa AG

Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.

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