Zacks Investment Research downgraded shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) from a buy rating to a strong sell rating in a research note published on Tuesday.
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. “
Separately, Deutsche Bank AG cut Deutsche Lufthansa AG from a hold rating to a sell rating in a report on Wednesday, September 7th.
Deutsche Lufthansa AG (NASDAQ:DLAKY) opened at 11.18 on Tuesday. The company has a market cap of $5.20 billion and a PE ratio of 3.97. Deutsche Lufthansa AG has a 52 week low of $10.35 and a 52 week high of $17.10. The company has a 50-day moving average price of $11.47 and a 200 day moving average price of $12.95.