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Deutsche Lufthansa AG (NASDAQ:DLAKY) was downgraded by investment analysts at Barclays from an “overweight” rating to an “equal weight” rating in a note issued to investors on Wednesday.

Deutsche Lufthansa AG (NASDAQ:DLAKY) opened at 21.45 on Wednesday. Deutsche Lufthansa AG has a 52-week low of $16.62 and a 52-week high of $27.89. The stock’s 50-day moving average is $24.16 and its 200-day moving average is $24.51. The company has a market cap of $9.890 billion and a price-to-earnings ratio of 13.98.

A number of other analysts have also recently weighed in 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, June 12th. 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, June 12th. 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, June 12th. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold”.

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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