Deutsche Lufthansa AG (OTCMKTS:DLAKY) Receives Consensus Rating of “Moderate Buy” from Analysts

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

A number of equities research analysts recently issued reports on DLAKY shares. Citigroup lowered Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 23rd. Zacks Research upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, January 14th. Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a research report on Wednesday, January 7th. Finally, Kepler Capital Markets upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th.

Deutsche Lufthansa Trading Up 2.9%

DLAKY opened at $10.49 on Tuesday. The stock has a market capitalization of $12.57 billion, a P/E ratio of 6.52, a P/E/G ratio of 0.69 and a beta of 0.86. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 1.05. Deutsche Lufthansa has a 12 month low of $6.20 and a 12 month high of $10.68. The firm’s fifty day simple moving average is $9.74 and its 200 day simple moving average is $9.12.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings results on Thursday, October 30th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.01. The firm had revenue of $13.06 billion for the quarter, compared to the consensus estimate of $12.98 billion. Deutsche Lufthansa had a return on equity of 15.73% and a net margin of 4.45%. As a group, research analysts anticipate that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC grew its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 892.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,270 shares of the transportation company’s stock after acquiring an additional 8,336 shares during the period. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $78,000 at the end of the most recent quarter.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.