Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded to “Strong-Buy” at Sanford C. Bernstein

Deutsche Lufthansa (OTCMKTS:DLAKY) was upgraded by stock analysts at Sanford C. Bernstein from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

DLAKY has been the topic of a number of other research reports. Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Deutsche Lufthansa Price Performance

Shares of OTCMKTS:DLAKY opened at $7.01 on Wednesday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. The company has a 50-day simple moving average of $6.46 and a 200-day simple moving average of $6.61. Deutsche Lufthansa has a one year low of $5.69 and a one year high of $8.16. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 1.09 and a beta of 1.20.

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.