Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded at Barclays

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

A number of other research firms have also weighed in on DLAKY. Morgan Stanley lowered Deutsche Lufthansa from an equal weight rating to an underweight rating in a research report on Wednesday, July 10th. Stifel Nicolaus cut shares of Deutsche Lufthansa from a hold rating to a sell rating in a report on Monday, July 15th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of Hold.

Deutsche Lufthansa Price Performance

DLAKY stock opened at $6.70 on Tuesday. The firm has a market cap of $8.02 billion, a PE ratio of 5.54, a P/E/G ratio of 1.65 and a beta of 1.24. Deutsche Lufthansa has a 12 month low of $6.05 and a 12 month high of $9.27. The firm has a 50 day simple moving average of $6.53 and a 200 day simple moving average of $6.83.

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

Deutsche Lufthansa Company Profile

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.