Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded at Morgan Stanley

Deutsche Lufthansa (OTCMKTS:DLAKY) was upgraded by Morgan Stanley from an “underweight” rating to an “equal weight” rating in a report issued on Tuesday, Briefing.com reports.

A number of other analysts also recently issued reports on DLAKY. Stifel Nicolaus upgraded Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Citigroup lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Finally, Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Lufthansa Price Performance

Deutsche Lufthansa stock opened at $6.66 on Tuesday. The business has a fifty day moving average price of $6.89 and a 200-day moving average price of $6.75. The firm has a market capitalization of $7.98 billion, a P/E ratio of 8.02, a PEG ratio of 1.28 and a beta of 1.24. Deutsche Lufthansa has a one year low of $6.05 and a one year high of $9.27.

About Deutsche Lufthansa

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.