Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded by Citigroup to “Strong-Buy” Rating

Deutsche Lufthansa (OTCMKTS:DLAKY) was upgraded by Citigroup from a “strong sell” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

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

Deutsche Lufthansa Stock Performance

Shares of OTCMKTS:DLAKY opened at $5.81 on Wednesday. The business’s fifty day moving average price is $6.59 and its two-hundred day moving average price is $6.60. The stock has a market cap of $6.96 billion, a PE ratio of 7.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.21. Deutsche Lufthansa has a one year low of $5.74 and a one year high of $8.50.

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.