Zacks Investment Research downgraded shares of Deutsche Lufthansa AG (NASDAQ:DLAKY) from a buy rating to a strong sell rating in a report released on Tuesday.

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 downgraded 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 10.74 on Tuesday. Deutsche Lufthansa AG has a 52-week low of $10.35 and a 52-week high of $17.10. The stock has a market cap of $4.99 billion and a PE ratio of 3.82. The firm has a 50-day moving average price of $11.54 and a 200 day moving average price of $13.01.

5 Day Chart for NASDAQ:DLAKY

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