Deutsche Lufthansa AG Given Average Rating of “Hold” by Brokerages (NASDAQ:DLAKY)
Shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) have received an average recommendation of “Hold” from the eleven brokerages that are covering the company, American Banking News.com reports. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.
A number of research firms have recently commented on DLAKY. Analysts at RBC Capital downgraded shares of Deutsche Lufthansa AG from an “outperform” rating to a “sector perform” rating in a research note on Thursday. Separately, analysts at Jefferies Group downgraded shares of Deutsche Lufthansa AG from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, analysts at Credit Suisse downgraded shares of Deutsche Lufthansa AG from an “outperform” rating to a “neutral” rating in a research note on Thursday.
Shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) traded down 1.47% on Thursday, hitting $22.77. The stock had a trading volume of 20,829 shares. Deutsche Lufthansa AG has a 52-week low of $16.62 and a 52-week high of $27.89. The stock has a 50-day moving average of $25.57 and a 200-day moving average of $24.4. The company has a market cap of $10.499 billion and a P/E ratio of 15.01.
Deutsche Lufthansa AG is a Germany-based aviation company with global operations. The Company is engaged in passenger transportation, airfreight as well as in downstream services.
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