Jefferies Financial Group upgraded shares of Air China (OTCMKTS:AIRYY) from an underperform rating to a buy rating in a report released on Wednesday, September 19th, MarketBeat Ratings reports. Jefferies Financial Group also issued estimates for Air China’s FY2018 earnings at $0.81 EPS, FY2019 earnings at $0.96 EPS and FY2020 earnings at $1.28 EPS.
Other equities analysts have also recently issued research reports about the company. ValuEngine upgraded Air China from a sell rating to a hold rating in a report on Wednesday, July 25th. JPMorgan Chase & Co. cut Air China from an overweight rating to a neutral rating in a report on Wednesday, July 18th. Zacks Investment Research upgraded Air China from a strong sell rating to a hold rating in a report on Wednesday, July 4th. Finally, Daiwa Capital Markets raised Air China from an underperform rating to a neutral rating in a research report on Monday, August 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of Hold.
Shares of OTCMKTS AIRYY remained flat at $$16.94 on Wednesday. 15 shares of the stock were exchanged, compared to its average volume of 1,954. Air China has a one year low of $16.15 and a one year high of $32.26. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.26 and a quick ratio of 0.24.
Air China Company Profile
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. It operates through Airline Operations and Other Operations segments.
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