Deutsche Lufthansa AG (DLAKY) Rating Increased to Hold at Zacks Investment Research

Deutsche Lufthansa AG (NASDAQ:DLAKY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Friday.

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. “

DLAKY has been the subject of a number of other research reports. Societe Generale upgraded Deutsche Lufthansa AG from a “hold” rating to a “buy” rating in a research note on Wednesday, February 8th. Barclays PLC reiterated a “hold” rating on shares of Deutsche Lufthansa AG in a research note on Tuesday, January 10th.

Deutsche Lufthansa AG (NASDAQ:DLAKY) opened at 16.13 on Friday. Deutsche Lufthansa AG has a 12 month low of $10.35 and a 12 month high of $16.44. The stock’s 50 day moving average price is $14.30 and its 200-day moving average price is $12.97. The stock has a market cap of $7.50 billion and a PE ratio of 3.95.

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About Deutsche Lufthansa AG

Deutsche Lufthansa AG is an aviation company. The Company’s segments include Passenger Airline Group; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. The Company’s fleet consists of approximately 600 aircrafts. The Company’s Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines (including Germanwings and Eurowings), SWISS and Austrian Airlines.

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