Lufthansa (DLAKY) Upgraded at UBS

UBS upgraded shares of Lufthansa (OTCMKTS:DLAKY) from a neutral rating to a buy rating in a report published on Friday morning, thefly.com reports.

A number of other equities analysts have also recently weighed in on DLAKY. Zacks Investment Research cut shares of Lufthansa from a hold rating to a sell rating in a research note on Tuesday, March 20th. Barclays cut shares of Lufthansa from an equal weight rating to an underweight rating in a research note on Friday, February 9th. Finally, Credit Suisse Group raised shares of Lufthansa from a neutral rating to an outperform rating in a research note on Wednesday, January 10th. Two analysts have rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $43.00.

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OTCMKTS:DLAKY opened at $32.68 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.80 and a current ratio of 0.87. Lufthansa has a fifty-two week low of $15.98 and a fifty-two week high of $37.37. The firm has a market cap of $15,169.85, a PE ratio of 7.87 and a beta of 0.65.

An institutional investor recently raised its position in Lufthansa stock. Glenmede Trust Co. NA increased its holdings in Lufthansa (OTCMKTS:DLAKY) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 321,385 shares of the transportation company’s stock after buying an additional 1,538 shares during the period. Glenmede Trust Co. NA owned about 0.07% of Lufthansa worth $11,854,000 as of its most recent SEC filing. Institutional investors and hedge funds own 0.15% of the company’s stock.

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Lufthansa Company Profile

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.

Analyst Recommendations for Lufthansa (OTCMKTS:DLAKY)

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