Deutsche Lufthansa AG (DLAKY) Upgraded by Zacks Investment Research to “Buy”

Zacks Investment Research upgraded shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) from a strong sell rating to a buy rating in a report released on Tuesday morning. They currently have $12.00 price objective on the stock.

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 research note on Wednesday, September 7th.

Shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) opened at 10.785 on Tuesday. The firm has a market cap of $5.01 billion and a PE ratio of 3.806. Deutsche Lufthansa AG has a 52 week low of $10.75 and a 52 week high of $17.10. The firm has a 50-day moving average of $11.70 and a 200 day moving average of $13.18.

5 Day Chart for NASDAQ:DLAKY

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