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Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded at Morgan Stanley

Deutsche Lufthansa logo with Transportation background

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

Analyst Recommendations for Deutsche Lufthansa (OTCMKTS:DLAKY)

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