Zacks Investment Research Downgrades Deutsche Lufthansa AG (DLAKY) to Strong Sell
Deutsche Lufthansa AG (NASDAQ:DLAKY) was downgraded by Zacks Investment Research from a “buy” rating to a “strong sell” rating in a research report issued on Tuesday.
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.
Shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) opened at 11.23 on Tuesday. The firm has a market capitalization of $5.22 billion and a price-to-earnings ratio of 3.97. Deutsche Lufthansa AG has a 52 week low of $10.35 and a 52 week high of $17.10. The stock has a 50 day moving average of $11.52 and a 200-day moving average of $12.99.
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