Deutsche Lufthansa AG (DLAKY) Stock Rating Upgraded by Morgan Stanley
Deutsche Lufthansa AG (OTCMKTS:DLAKY) was upgraded by investment analysts at Morgan Stanley from an “underweight” rating to an “equal weight” rating in a research note issued to investors on Tuesday.
DLAKY has been the subject of a number of other research reports. Royal Bank Of Canada raised shares of Deutsche Lufthansa AG from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, June 27th. Deutsche Bank AG raised shares of Deutsche Lufthansa AG from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. ValuEngine raised shares of Deutsche Lufthansa AG from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, May 31st. Credit Suisse Group raised shares of Deutsche Lufthansa AG from an “underperform” rating to a “neutral” rating in a research report on Tuesday, June 13th. Finally, Kepler Capital Markets raised shares of Deutsche Lufthansa AG from a “reduce” rating to a “hold” rating in a research report on Friday, May 12th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. Deutsche Lufthansa AG has an average rating of “Hold” and an average price target of $19.00.
Deutsche Lufthansa AG (OTCMKTS:DLAKY) traded down 1.1630% on Tuesday, reaching $24.4325. The company had a trading volume of 11,250 shares. Deutsche Lufthansa AG has a 1-year low of $10.35 and a 1-year high of $24.82.
An institutional investor recently raised its position in Deutsche Lufthansa AG stock. Parametric Portfolio Associates LLC increased its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 1.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 approximately 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 0.16% of the company’s stock.
About Deutsche Lufthansa AG
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.
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