Deutsche Lufthansa AG (DLAKY) Raised to Hold at Deutsche Bank AG

Deutsche Bank AG upgraded shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) from a sell rating to a hold rating in a research note published on Thursday morning.

A number of other brokerages also recently weighed in on DLAKY. Sanford C. Bernstein assumed coverage on Deutsche Lufthansa AG in a research note on Tuesday, June 27th. They issued an underperform rating on the stock. Royal Bank Of Canada upgraded Deutsche Lufthansa AG from a sector perform rating to an outperform rating in a research note on Tuesday, June 27th. Credit Suisse Group upgraded Deutsche Lufthansa AG from an underperform rating to a neutral rating in a research note on Tuesday, June 13th. HSBC Holdings plc upgraded Deutsche Lufthansa AG from a hold rating to a buy rating in a research note on Friday, June 2nd. Finally, ValuEngine upgraded Deutsche Lufthansa AG from a buy rating to a strong-buy rating in a research note on Wednesday, May 31st. Five research analysts have rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $19.00.

Shares of Deutsche Lufthansa AG (DLAKY) opened at 23.135 on Thursday. Deutsche Lufthansa AG has a 1-year low of $10.35 and a 1-year high of $24.64.

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An institutional investor recently raised its position in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC increased its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 1.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 290,265 shares of the transportation company’s stock after buying an additional 5,194 shares during the period. Parametric Portfolio Associates LLC owned about 0.06% of Deutsche Lufthansa AG worth $6,621,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.15% of the company’s stock.

Deutsche Lufthansa AG Company Profile

Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.

Analyst Recommendations for Deutsche Lufthansa AG (OTCMKTS:DLAKY)

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