Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded at Citigroup

Citigroup upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a strong sell rating to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

A number of other research analysts have also issued reports on DLAKY. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Finally, Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Deutsche Lufthansa Trading Down 4.3 %

Shares of Deutsche Lufthansa stock opened at $5.81 on Wednesday. Deutsche Lufthansa has a 12-month low of $5.74 and a 12-month high of $8.50. The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 7.00, a PEG ratio of 1.32 and a beta of 1.21. The firm’s 50 day simple moving average is $6.59 and its two-hundred day simple moving average is $6.60.

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.