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

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

Several other equities analysts have also recently weighed in on DLAKY. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Deutsche Lufthansa Price Performance

Shares of DLAKY opened at $8.00 on Wednesday. The stock has a market capitalization 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 twelve month low of $5.69 and a twelve month high of $8.78. The company has a 50 day moving average of $6.75 and a 200-day moving average of $6.76. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17.

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.