Credit Suisse Group upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a neutral rating to an outperform rating in a research report released on Wednesday, MarketBeat.com reports.

A number of other brokerages have also weighed in on DLAKY. Zacks Investment Research lowered shares of Deutsche Lufthansa from a buy rating to a hold rating in a report on Tuesday, December 26th. Deutsche Bank upgraded shares of Deutsche Lufthansa from a hold rating to a buy rating in a report on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of $43.00.

Deutsche Lufthansa (OTCMKTS:DLAKY) opened at $37.07 on Wednesday. Deutsche Lufthansa has a 1-year low of $12.17 and a 1-year high of $37.37. The firm has a market cap of $17,310.00, a P/E ratio of 8.08 and a beta of 0.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.06 and a quick ratio of 1.00.

A hedge fund recently raised its stake in Deutsche Lufthansa stock. Parametric Portfolio Associates LLC increased its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 1.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 290,265 shares of the transportation company’s stock after acquiring an additional 5,194 shares during the period. Parametric Portfolio Associates LLC owned about 0.06% of Deutsche Lufthansa worth $6,621,000 at the end of the most recent reporting period. 0.14% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another site, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2018/01/14/deutsche-lufthansa-dlaky-rating-increased-to-outperform-at-credit-suisse-group.html.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.

Analyst Recommendations for Deutsche Lufthansa (OTCMKTS:DLAKY)

Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.