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 downgraded shares of Deutsche Lufthansa AG from a “hold” rating to a “sell” rating in a report on Wednesday, September 7th.
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Deutsche Lufthansa AG (NASDAQ:DLAKY) traded up 2.92% during mid-day trading on Tuesday, reaching $10.74. The company had a trading volume of 60,339 shares. The firm has a market capitalization of $4.99 billion and a price-to-earnings ratio of 3.82. Deutsche Lufthansa AG has a 12-month low of $10.35 and a 12-month high of $17.10. The firm has a 50-day moving average price of $11.54 and a 200 day moving average price of $13.01.
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