Deutsche Lufthansa AG (OTCMKTS:DLAKY) Now Covered by Exane BNP Paribas. It Received Underperform Rating

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Exane BNP Paribas Analyst Rating Change Deutsche Lufthansa AG OTCMKTS:DLAKY

Deutsche Lufthansa AG (OTCMKTS:DLAKY) New Coverage by Exane BNP Paribas

Equity research analysts at Exane BNP Paribas has initiated coverage on Deutsche Lufthansa AG (OTCMKTS:DLAKY) with Underperform rating. This was sent to investors and clients in a research note on Thursday, 13 October.

After the initiation OTCMKTS:DLAKY is now trading -3.03% lower at $10.89 as of 03:59 New York time. Deutsche Lufthansa AG’s stock is down -27.33% in the last 200 days. It has underperformed the Standard & Poor’s 500 index, which has added 4.02% in the same time period.

OTCMKTS:DLAKY Price Chart & Trend

The stock price of Deutsche Lufthansa AG has dropped 27.33% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Deutsche Lufthansa AG is down 3.27% and down 18.68%, respectively. Our stocks momentum model is shown on the price chart below.Deutsche Lufthansa AG (OTCMKTS:DLAKY) Now Covered by Exane BNP Paribas. It Received Underperform Rating

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

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 -3.03% on 13 October, hitting $10.89. A total of 5,830 shares of the company’s stock traded hands. This is down from average of 92,978 shares. Deutsche Lufthansa AG has a 52 week low of $10.35 and a 52 week high of $17.1. The company has a market cap of $5.35B and a P/E ratio of 3.9.

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