Citigroup upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY - Free Report) from a strong sell rating to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.
Several other equities research analysts have also commented on the stock. Barclays upgraded shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 1st. Morgan Stanley raised Deutsche Lufthansa from an "underweight" rating to an "equal weight" rating in a research report on Tuesday, November 5th. Finally, Stifel Nicolaus raised Deutsche Lufthansa from a "sell" rating to a "hold" rating in a research report on Thursday, October 17th. Three analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Lufthansa presently has an average rating of "Moderate Buy".
Read Our Latest Stock Analysis on Deutsche Lufthansa
Deutsche Lufthansa Price Performance
Shares of DLAKY stock traded down $0.26 on Wednesday, hitting $5.81. The stock had a trading volume of 201,057 shares, compared to its average volume of 147,109. The business has a 50 day moving average of $6.57 and a 200 day moving average of $6.60. Deutsche Lufthansa has a 12-month low of $5.74 and a 12-month high of $8.50. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 7.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.21.
Deutsche Lufthansa Company Profile
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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.
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