Deutsche Lufthansa (OTCMKTS:DLAKY) Upgraded to “Strong-Buy” at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

A number of other analysts also recently weighed in on DLAKY. Stifel Nicolaus upgraded shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Finally, Citigroup upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Deutsche Lufthansa Stock Performance

Shares of OTCMKTS:DLAKY opened at $7.01 on Wednesday. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of 8.45, a P/E/G ratio of 1.09 and a beta of 1.20. The firm’s 50 day simple moving average is $6.46 and its 200 day simple moving average is $6.61. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77. Deutsche Lufthansa has a fifty-two week low of $5.69 and a fifty-two week high of $8.16.

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.