Deutsche Lufthansa (OTCMKTS:DLAKY) Rating Lowered to Strong Sell at Citigroup

Deutsche Lufthansa (OTCMKTS:DLAKY) was downgraded by analysts at Citigroup from a “strong-buy” rating to a “strong sell” rating in a research report issued on Tuesday, Zacks.com reports.

Other research analysts have also issued reports about the company. Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 1st. Stifel Nicolaus downgraded Deutsche Lufthansa from a “hold” rating to a “sell” rating in a report on Monday, July 15th. Finally, Morgan Stanley cut Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 10th. Four 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 MarketBeat, the stock currently has a consensus rating of “Hold”.

Deutsche Lufthansa Trading Up 0.7 %

Shares of DLAKY stock opened at $7.29 on Tuesday. The firm’s fifty day simple moving average is $6.67 and its 200 day simple moving average is $6.79. Deutsche Lufthansa has a 1 year low of $6.05 and a 1 year high of $9.27. The firm has a market capitalization of $8.72 billion, a P/E ratio of 6.02, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24.

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