Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) was upgraded by research analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating in a research note issued on Tuesday, Marketbeat.com reports.
Other equities research analysts have also issued research reports about the company. Stifel Nicolaus raised Deutsche Lufthansa from a "sell" rating to a "hold" rating in a research report on Thursday, October 17th. Barclays raised shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 1st. Finally, Citigroup cut Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, October 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold".
Get Our Latest Report on DLAKY
Deutsche Lufthansa Stock Down 0.4 %
OTCMKTS DLAKY traded down $0.02 during trading on Tuesday, reaching $6.66. 49,343 shares of the stock traded hands, compared to its average volume of 50,329. Deutsche Lufthansa has a fifty-two week low of $6.05 and a fifty-two week high of $9.27. The firm has a market cap of $7.98 billion, a price-to-earnings ratio of 8.02, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24. The stock's 50-day moving average price is $6.89 and its 200 day moving average price is $6.75.
Deutsche Lufthansa Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Deutsche Lufthansa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deutsche Lufthansa wasn't on the list.
While Deutsche Lufthansa currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.