Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. Morgan Stanley raised shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Finally, Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Three analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Deutsche Lufthansa Stock Down 0.3 %

DLAKY opened at $7.01 on Wednesday. The firm’s 50-day simple moving average is $6.46 and its 200-day simple moving average is $6.61. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. Deutsche Lufthansa has a twelve month low of $5.69 and a twelve month high of $8.16. The firm has a market cap of $8.40 billion, a price-to-earnings ratio of 8.45, a PEG ratio of 1.09 and a beta of 1.20.

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.