Deutsche Lufthansa AG Given Average Recommendation of “Hold” by Brokerages (NASDAQ:DLAKY)
Deutsche Lufthansa AG (NASDAQ:DLAKY) has earned an average rating of “Hold” from the ten brokerages that are presently covering the company, StockRatingsNetwork reports. Eight equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.
DLAKY has been the subject of a number of recent research reports. Analysts at Nomura downgraded shares of Deutsche Lufthansa AG from a “buy” rating to a “neutral” rating in a research note on Wednesday. Separately, analysts at Barclays downgraded shares of Deutsche Lufthansa AG from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, July 2nd. Finally, 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.
Shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) opened at 19.38 on Tuesday. Deutsche Lufthansa AG has a 1-year low of $16.62 and a 1-year high of $27.89. The stock has a 50-day moving average of $21.36 and a 200-day moving average of $24.30. The company has a market cap of $8.936 billion and a price-to-earnings ratio of 12.86.
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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