Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given a consensus rating of “Hold” by the nine brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company.
DLAKY has been the subject of several research reports. Nord/LB lowered Deutsche Lufthansa from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Sanford C. Bernstein raised Equinor ASA from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a report on Monday, July 1st. Royal Bank of Canada reissued a “buy” rating on shares of OceanaGold in a report on Friday, July 5th. HSBC lowered Deutsche Lufthansa from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th. Finally, Societe Generale lowered Deutsche Lufthansa from a “buy” rating to a “hold” rating in a report on Tuesday, June 18th.
OTCMKTS DLAKY traded up $0.03 on Friday, hitting $16.83. 34,325 shares of the stock traded hands, compared to its average volume of 31,398. The stock’s fifty day simple moving average is $17.89. Deutsche Lufthansa has a 12 month low of $16.48 and a 12 month high of $28.25. The company has a market cap of $8.00 billion, a price-to-earnings ratio of 3.56 and a beta of 0.97. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.64 and a quick ratio of 0.59.
About Deutsche Lufthansa
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.
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