Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Rating of “Reduce” by Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given a consensus rating of “Reduce” by the five ratings firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a strong buy rating on the company.

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

Deutsche Lufthansa Trading Up 0.7 %

DLAKY opened at $7.29 on Thursday. The firm has a market capitalization of $8.72 billion, a PE ratio of 6.02, a P/E/G ratio of 1.67 and a beta of 1.24. Deutsche Lufthansa has a 12-month low of $6.05 and a 12-month high of $9.27. The firm has a 50 day moving average of $6.67 and a two-hundred day moving average of $6.79.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released 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 for the quarter. Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. As a group, analysts predict that Deutsche Lufthansa will post 0.91 EPS for the current fiscal year.

About Deutsche Lufthansa

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.