Deutsche Lufthansa AG (OTCMKTS:DLAKY) Given Average Recommendation of “Hold” by Brokerages

Deutsche Lufthansa AG (OTCMKTS:DLAKY) has been given an average recommendation of “Hold” by the five brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts recently issued reports on the stock. Citigroup lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, October 15th. Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Finally, Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 1st.

Deutsche Lufthansa Stock Performance

Deutsche Lufthansa stock opened at $7.06 on Friday. Deutsche Lufthansa has a fifty-two week low of $6.05 and a fifty-two week high of $9.11. The stock’s 50 day simple moving average is $6.85 and its two-hundred day simple moving average is $6.64. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 8.50, a PEG ratio of 1.27 and a beta of 1.21.

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.