Stifel Nicolaus upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY - Free Report) from a sell rating to a hold rating in a research report released on Thursday, Marketbeat reports.
A number of other research firms also recently issued reports on DLAKY. Citigroup downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday. Barclays upgraded shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 1st. Finally, Morgan Stanley downgraded shares of Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, July 10th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold".
Read Our Latest Stock Analysis on Deutsche Lufthansa
Deutsche Lufthansa Trading Up 0.3 %
OTCMKTS DLAKY traded up $0.02 during trading hours on Thursday, reaching $7.31. 38,181 shares of the company traded hands, compared to its average volume of 67,203. The company has a 50 day moving average of $6.67 and a two-hundred day moving average of $6.79. Deutsche Lufthansa has a 12 month low of $6.05 and a 12 month high of $9.27. The stock has a market capitalization of $8.75 billion, a PE ratio of 6.04, a PEG ratio of 1.67 and a beta of 1.24.
Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) 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 return on equity of 11.45% and a net margin of 2.73%. The business had revenue of $10.77 billion during the quarter. On average, equities research analysts anticipate that Deutsche Lufthansa will post 0.91 earnings per share for the current year.
Deutsche Lufthansa Company Profile
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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.
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