Zacks: Deutsche Lufthansa AG (DLAKY) Receives Consensus Rating of “Sell” from Analysts
Deutsche Lufthansa AG (NASDAQ:DLAKY) has been assigned an average broker rating score of 4.00 (Sell) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a sell rating. Deutsche Lufthansa AG’s rating score has declined by 14.3% from 90 days ago as a result of a number of analysts’ ratings changes.
Brokers have set a one year consensus target price of $8.90 for the company, according to Zacks. Zacks has also assigned Deutsche Lufthansa AG an industry rank of 229 out of 265 based on the ratings given to related companies.
A number of research analysts recently issued reports on DLAKY shares. Deutsche Bank AG lowered shares of Deutsche Lufthansa AG from a “hold” rating to a “sell” rating in a report on Wednesday, September 7th. Zacks Investment Research upgraded shares of Deutsche Lufthansa AG from a “strong sell” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Tuesday, October 4th. Finally, BNP Paribas began coverage on shares of Deutsche Lufthansa AG in a report on Thursday. They set an “underperform” rating for the company.
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Shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) traded down 2.94% during midday trading on Thursday, hitting $10.90. 7,733 shares of the company traded hands. The stock’s 50-day moving average is $11.52 and its 200 day moving average is $12.99. The stock has a market capitalization of $5.07 billion and a P/E ratio of 3.87. Deutsche Lufthansa AG has a 12-month low of $10.35 and a 12-month high of $17.10.
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