Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

DLAKY has been the topic of several recent analyst reports. Zacks Research upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “overweight” rating in a report on Wednesday, January 7th. JPMorgan Chase & Co. upgraded shares of Deutsche Lufthansa from an “underweight” rating to a “neutral” rating in a report on Monday, December 1st. Kepler Capital Markets raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 12th. Finally, Citigroup lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd.

Deutsche Lufthansa Stock Down 1.9%

DLAKY stock opened at $10.76 on Friday. Deutsche Lufthansa has a one year low of $6.21 and a one year high of $11.29. The stock has a market capitalization of $12.90 billion, a P/E ratio of 6.68, a PEG ratio of 0.74 and a beta of 0.87. The company has a 50 day moving average price of $10.22 and a two-hundred day moving average price of $9.38. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.77 and a current ratio of 0.85.

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.