Deutsche Lufthansa AG (OTCMKTS:DLAKY) Rating Cut
Deutsche Lufthansa AG (OTCMKTS:DLAKY) was decreased by Barclays from Equal Weight rating to Underweight rating in an analyst report sent to investors on Friday morning.
This rating downgrade is noticed by stock speculators, as OTCMKTS:DLAKY is at the moment trading -1.82% lower at $11.88 as of 12:03 PM New York time. Deutsche Lufthansa AG shares have [From2] 0% in the last 200 days, while the S&P500 Index has gained 6.00% in the same time period.
Deutsche Lufthansa AG (OTCMKTS:DLAKY) Profile
Deutsche Lufthansa AG is an aviation company. The Company’s segments include Passenger Airline Group; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. The Company’s fleet consists of approximately 600 aircrafts.
Deutsche Lufthansa AG (OTCMKTS:DLAKY) traded down -1.82% on 9 February, hitting $11.88. A total of 11,285 shares of the company’s stock traded hands. This is down from average of 43,390 shares. Deutsche Lufthansa AG has a 52 week low of $10.91 and a 52 week high of $17.1. The company has a market cap of $5.58 billion and a P/E ratio of 4.16.
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The post Barclays Lowers Deutsche Lufthansa AG (OTCMKTS:DLAKY) Rating to Underweight from Equal Weight appeared first on Octafinance.