Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Rating of “Hold” by Analysts

Posted by Defense World Staff on Jun 7th, 2023

Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Rating) has been given a consensus rating of “Hold” by the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $9.50.

A number of analysts recently issued reports on DLAKY shares. Deutsche Bank Aktiengesellschaft raised Deutsche Lufthansa from a “hold” rating to a “buy” rating in a research report on Friday, March 31st. HSBC upgraded Deutsche Lufthansa from a “hold” rating to a “buy” rating in a research note on Monday, March 6th. UBS Group upgraded Deutsche Lufthansa from a “neutral” rating to a “buy” rating in a research note on Wednesday, March 15th. Stifel Nicolaus upgraded Deutsche Lufthansa from a “hold” rating to a “buy” rating in a research note on Wednesday, April 19th. Finally, Barclays assumed coverage on Deutsche Lufthansa in a research note on Tuesday, February 21st. They set an “overweight” rating for the company.

Deutsche Lufthansa Stock Up 0.4 %

OTCMKTS DLAKY opened at $9.76 on Wednesday. The business has a fifty day moving average price of $10.39 and a 200 day moving average price of $9.84. Deutsche Lufthansa has a one year low of $5.40 and a one year high of $11.67. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.82 and a quick ratio of 0.78.

Deutsche Lufthansa (OTCMKTS:DLAKY – Get Rating) last posted its quarterly earnings data on Wednesday, May 3rd. The transportation company reported ($0.38) EPS for the quarter. Deutsche Lufthansa had a net margin of 2.53% and a return on equity of 10.96%. The firm had revenue of $7.53 billion during the quarter. On average, equities research analysts forecast that Deutsche Lufthansa will post 1.52 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. Yousif Capital Management LLC purchased a new stake in Deutsche Lufthansa AG (OTCMKTS:DLAKY – Get Rating) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,989 shares of the transportation company’s stock, valued at approximately $115,000.

About Deutsche Lufthansa

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Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services. Its Eurowings segment provides passenger services through a route network of more than 100 destinations in over 50 countries. The company's Logistics Business segment offers airfreight container management services; and e-commerce solutions for approximately 300 destinations in 100 countries.