Deutsche Lufthansa (OTCMKTS:DLAKY) Cut to Strong Sell at Barclays

Barclays cut shares of Deutsche Lufthansa (OTCMKTS:DLAKY) from a strong-buy rating to a strong sell rating in a research report report published on Wednesday morning,Zacks.com reports.

Several other brokerages also recently issued reports on DLAKY. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Deutsche Lufthansa Stock Up 2.3 %

Shares of OTCMKTS:DLAKY opened at $8.18 on Wednesday. The company has a 50 day moving average price of $6.79 and a two-hundred day moving average price of $6.78. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.78. The company has a market capitalization of $9.80 billion, a PE ratio of 9.86, a PEG ratio of 1.07 and a beta of 1.16.

Deutsche Lufthansa Company Profile

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.