Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Recommendation of “Reduce” by Analysts

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

DLAKY has been the topic of a number of research reports. Morgan Stanley cut shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 10th. Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Citigroup lowered Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Finally, Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th.

Deutsche Lufthansa Trading Down 2.7 %

Shares of OTCMKTS:DLAKY opened at $7.09 on Thursday. Deutsche Lufthansa has a 12-month low of $6.05 and a 12-month high of $9.27. The firm has a market cap of $8.48 billion, a PE ratio of 5.86, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24. The company has a fifty day simple moving average of $6.78 and a 200 day simple moving average of $6.77.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its 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. As a group, equities research analysts forecast 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.