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

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

Other analysts have also issued research reports about the stock. Stifel Nicolaus upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Citigroup upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note 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 equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, Deutsche Lufthansa presently has an average rating of “Buy”.

Deutsche Lufthansa Trading Down 0.3 %

DLAKY opened at $7.01 on Wednesday. The firm has a market capitalization of $8.40 billion, a P/E ratio of 8.45, a P/E/G ratio of 1.09 and a beta of 1.20. The firm’s 50 day moving average is $6.46 and its 200-day moving average is $6.61. Deutsche Lufthansa has a 52-week low of $5.69 and a 52-week high of $8.16. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17.

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.