Deutsche Lufthansa AG (DLAKY) Downgraded by Zacks Investment Research to Strong Sell
According to Zacks, “Lufthansa German Airlines operates as an autonomous unit within the Lufthansa Group. It maintains its own stations, handling check-in, ticket sales and other services at all the major international airports. Lufthansa is a founding member of the Star Alliance, the world’s first multilateral airline grouping. “
Separately, Deutsche Bank AG lowered shares of Deutsche Lufthansa AG from a “hold” rating to a “sell” rating in a report on Wednesday, September 7th.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/11/deutsche-lufthansa-ag-dlaky-downgraded-by-zacks-investment-research-to-strong-sell-2.html
Deutsche Lufthansa AG (NASDAQ:DLAKY) traded up 2.92% during trading on Tuesday, hitting $10.74. The stock had a trading volume of 60,339 shares. The stock’s 50-day moving average price is $11.54 and its 200-day moving average price is $13.01. The company has a market capitalization of $4.99 billion and a P/E ratio of 3.82. Deutsche Lufthansa AG has a 1-year low of $10.35 and a 1-year high of $17.10.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Deutsche Lufthansa AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa AG and related companies with MarketBeat.com's FREE daily email newsletter.