Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of "Reduce" from Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) has received an average rating of "Reduce" from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating on the company.

A number of research firms have weighed in on DLAKY. Citigroup lowered shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday. Morgan Stanley cut Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, July 10th. Stifel Nicolaus raised Deutsche Lufthansa from a "sell" rating to a "hold" rating in a report on Thursday. Finally, Barclays raised Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a report on Tuesday, October 1st.

Deutsche Lufthansa Price Performance

OTCMKTS:DLAKY traded up $0.02 during trading hours on Thursday, hitting $7.31. The company had a trading volume of 38,181 shares, compared to its average volume of 67,203. The stock has a 50-day moving average price of $6.67 and a 200 day moving average price of $6.79. The company has a market capitalization of $8.75 billion, a PE ratio of 6.02, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24. Deutsche Lufthansa has a 52 week low of $6.05 and a 52 week high of $9.27.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The transportation company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.02). The firm had revenue of $10.77 billion during the quarter. Deutsche Lufthansa had a return on equity of 11.45% and a net margin of 2.73%. Analysts anticipate 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.