Deutsche Lufthansa AG (NASDAQ:DLAKY) was upgraded by Zacks Investment Research from a “strong sell” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The firm presently has a $12.00 target price on the stock. Zacks Investment Research’s price target indicates a potential upside of 10.96% from the stock’s previous close.
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 lowered shares of 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 10.815 on Tuesday. The firm has a market capitalization of $5.03 billion and a P/E ratio of 3.816. Deutsche Lufthansa AG has a 52-week low of $10.75 and a 52-week high of $17.10. The company’s 50-day moving average is $11.68 and its 200-day moving average is $13.16.
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