Deutsche Lufthansa AG (OTCMKTS:DLAKY) receives consensus rating of “Hold” from brokers
Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Rating) has been awarded a consensus recommendation of “Hold” by the seventeen rating companies that currently cover the company, MarketBeat reports. Six investment analysts rated the stock with a sell recommendation, seven gave the company a hold recommendation and three gave the company a buy recommendation. The 12-month average price target among brokers who updated their coverage on the stock in the last year is $7.67.
A number of stock analysts have recently commented on the company. Zacks Investment Research downgraded Deutsche Lufthansa from a “hold” rating to a “sell” rating in a Monday, Jan. 17, report. Sanford C. Bernstein downgraded Deutsche Lufthansa from an “outperforming” rating to a “market performance” rating in a Tuesday, Jan. 18, report. Citigroup upgraded Deutsche Lufthansa from a “sell” rating to a “buy” rating in a Monday, Jan. 3, report. Deutsche Bank Aktiengesellschaft downgraded Deutsche Lufthansa’s rating from a “buy” rating to a “hold” rating in a Thursday, March 24 report. Finally, Barclays raised its price target on Deutsche Lufthansa from €5.20 ($5.47) to €5.70 ($6.00) in a Wednesday, January 19 report.
Shares of DLAKY opened at $7.51 on Tuesday. The company has a market capitalization of $4.49 billion, a price-earnings ratio of -1.74 and a beta of 1.14. Deutsche Lufthansa has a fifty-two week low of $6.01 and a fifty-two week high of $13.95. The company has a debt ratio of 3.35, a current ratio of 0.92 and a quick ratio of 0.87. The company’s 50-day moving average is $7.68 and its 200-day moving average is $7.51.
Deutsche Lufthansa (OTCMKTS:DLAKY – Get Rating) last released its results on Thursday, March 3. The transportation company reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimate of ($0.20) by ($0.23). The company had revenue of $6.67 billion in the quarter. Deutsche Lufthansa had a negative net margin of 13.25% and a negative return on equity of 64.39%. Equity research analysts expect Deutsche Lufthansa to post earnings per share of 0.02 for the current fiscal year.
About Deutsche Lufthansa (Get a rating)
Deutsche Lufthansa AG operates as an airline in Germany and internationally. The Company’s Network Airlines segment provides passenger services. Its Eurowings segment provides passenger services via a route network of more than 100 destinations in more than 50 countries. The Company’s Logistics segment offers transportation services for various cargoes, including general cargo, dangerous goods, valuables, vulnerable commodities, perishables, live animals, courier services, emergency, airmail/e-commerce and temperature-sensitive goods services to approximately 300 destinations in 100 countries.
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