Deutsche Lufthansa (OTCMKTS:DLAKY) Receives Hold Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Deutsche Lufthansa (OTCMKTS:DLAKY) in a research report report published on Wednesday morning, Marketbeat reports.

Other equities research analysts have also recently issued research reports about the company. Barclays restated an equal weight rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th. JPMorgan Chase & Co. cut Deutsche Lufthansa from an overweight rating to an underweight rating in a research note on Thursday, December 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, Deutsche Lufthansa has a consensus rating of Hold.

Deutsche Lufthansa Price Performance

Deutsche Lufthansa stock opened at $7.85 on Wednesday. The firm has a market capitalization of $9.39 billion, a P/E ratio of 5.41, a PEG ratio of 0.84 and a beta of 1.25. Deutsche Lufthansa has a 1 year low of $6.93 and a 1 year high of $11.37. The business has a 50-day moving average of $7.88 and a 200-day moving average of $8.12. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 1.03.

Deutsche Lufthansa (OTCMKTS:DLAKY) last issued its quarterly earnings data on Thursday, March 7th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. Deutsche Lufthansa had a return on equity of 22.19% and a net margin of 4.76%. The business had revenue of $9.43 billion during the quarter. On average, equities analysts anticipate that Deutsche Lufthansa will post 1.57 EPS for the current year.

Institutional Investors Weigh In On Deutsche Lufthansa

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. OLD Mission Capital LLC acquired a new position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 43,040 shares of the transportation company’s stock, valued at approximately $480,000.

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.