Morgan Stanley Upgrades Deutsche Lufthansa (OTCMKTS:DLAKY) to Equal Weight

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

A number of other analysts have also weighed in on DLAKY. Stifel Nicolaus upgraded Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Barclays upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Finally, Citigroup cut shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Two research 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 stock. According to MarketBeat, Deutsche Lufthansa has an average rating of “Hold”.

Deutsche Lufthansa Price Performance

Shares of Deutsche Lufthansa stock opened at $6.66 on Tuesday. Deutsche Lufthansa has a fifty-two week low of $6.05 and a fifty-two week high of $9.27. The company has a market cap of $7.98 billion, a PE ratio of 8.02, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24. The firm has a fifty day moving average price of $6.89 and a two-hundred day moving average price of $6.75.

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.