Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded at Morgan Stanley

Morgan Stanley upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from an underweight rating to an equal weight rating in a research report sent to investors on Tuesday morning, MarketBeat.com reports.

DLAKY has been the subject of several other research reports. Citigroup downgraded shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Finally, Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Lufthansa Stock Up 0.9 %

DLAKY opened at $6.77 on Tuesday. The firm has a market cap of $8.11 billion, a price-to-earnings ratio of 8.16, a price-to-earnings-growth ratio of 1.27 and a beta of 1.24. Deutsche Lufthansa has a 52 week low of $6.05 and a 52 week high of $9.27. The business’s 50 day moving average is $6.90 and its two-hundred day moving average is $6.75.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.