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

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been assigned a consensus rating of “Reduce” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts have recently issued reports on DLAKY shares. Stifel Nicolaus cut shares of Deutsche Lufthansa from a “hold” rating to a “sell” rating in a research report on Monday, July 15th. Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Citigroup downgraded Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday. Finally, Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 10th.

Deutsche Lufthansa Stock Performance

Shares of DLAKY stock opened at $7.29 on Thursday. The stock has a market capitalization of $8.72 billion, a P/E ratio of 6.02, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24. Deutsche Lufthansa has a fifty-two week low of $6.05 and a fifty-two week high of $9.27. The company has a 50 day moving average price of $6.67 and a 200 day moving average price of $6.79.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Tuesday, July 30th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. The company had revenue of $10.77 billion during the quarter. On average, research analysts forecast 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.