Deutsche Lufthansa (OTCMKTS:DLAKY) Lifted to “Strong-Buy” at Barclays

Barclays upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a hold rating to a strong-buy rating in a report published on Tuesday morning, Zacks.com reports.

A number of other brokerages have also recently issued reports on DLAKY. Morgan Stanley cut shares of Deutsche Lufthansa from an equal weight rating to an underweight rating in a research note on Wednesday, July 10th. Stifel Nicolaus cut Deutsche Lufthansa from a hold rating to a sell rating in a research note on Monday, July 15th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of Hold.

Deutsche Lufthansa Stock Performance

OTCMKTS DLAKY opened at $6.84 on Tuesday. The company has a market capitalization of $8.18 billion, a P/E ratio of 5.65, a P/E/G ratio of 1.65 and a beta of 1.24. Deutsche Lufthansa has a 52-week low of $6.05 and a 52-week high of $9.27. The company has a fifty day moving average of $6.55 and a 200-day moving average of $6.83.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings data on Tuesday, July 30th. The transportation company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). The firm had revenue of $10.77 billion for the quarter. Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. As a group, analysts forecast that Deutsche Lufthansa will post 0.91 EPS for the current fiscal year.

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.