Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Rating of “Hold” by Brokerages

Shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) have received a consensus recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating on the company.

A number of analysts recently 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. Citigroup cut shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, October 15th. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Finally, Stifel Nicolaus upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th.

Deutsche Lufthansa Trading Up 5.5 %

Shares of DLAKY stock opened at $6.85 on Monday. The stock has a market capitalization of $8.21 billion, a P/E ratio of 8.25, a PEG ratio of 1.31 and a beta of 1.24. The firm’s 50 day moving average is $6.92 and its 200 day moving average is $6.72. Deutsche Lufthansa has a 12 month low of $6.05 and a 12 month high of $9.27.

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.