Deutsche Lufthansa (OTCMKTS:DLAKY) Rating Lowered to “Strong Sell” at Barclays

Deutsche Lufthansa (OTCMKTS:DLAKY) was downgraded by stock analysts at Barclays from a “strong-buy” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other research analysts also recently commented on DLAKY. 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. Citigroup upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. 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, Deutsche Lufthansa currently has a consensus rating of “Moderate Buy”.

Deutsche Lufthansa Trading Up 1.8 %

OTCMKTS:DLAKY opened at $8.00 on Wednesday. The stock has a 50-day simple moving average of $6.75 and a 200-day simple moving average of $6.76. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. The stock has a market cap of $9.59 billion, a P/E ratio of 9.64, a P/E/G ratio of 1.07 and a beta of 1.16. Deutsche Lufthansa has a 1 year low of $5.69 and a 1 year high of $8.78.

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.