China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA) Receives Consensus Recommendation of “Hold” from Brokerages

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Shares of China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA) have been given a consensus rating of “Hold” by the eight ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company.

CEA has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of China Eastern Airlines Corp. Ltd. ADR Class H from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 26th. Sanford C. Bernstein downgraded shares of China Eastern Airlines Corp. Ltd. ADR Class H to a “market perform” rating in a research note on Wednesday, September 11th.

Shares of NYSE CEA traded up $0.02 during trading on Monday, reaching $26.48. The company had a trading volume of 20,121 shares, compared to its average volume of 5,114. The company’s fifty day moving average price is $25.33 and its 200-day moving average price is $26.14. China Eastern Airlines Corp. Ltd. ADR Class H has a 12 month low of $23.00 and a 12 month high of $42.50. The stock has a market cap of $7.32 billion, a P/E ratio of 19.19, a PEG ratio of 0.36 and a beta of 1.56. The company has a quick ratio of 0.22, a current ratio of 0.26 and a debt-to-equity ratio of 1.68.

China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA) last released its earnings results on Wednesday, October 30th. The transportation company reported $1.07 earnings per share for the quarter. The business had revenue of $4.93 billion during the quarter. China Eastern Airlines Corp. Ltd. ADR Class H had a net margin of 2.13% and a return on equity of 4.00%. As a group, equities analysts predict that China Eastern Airlines Corp. Ltd. ADR Class H will post 2.79 earnings per share for the current year.

Large investors have recently made changes to their positions in the company. Aperio Group LLC grew its stake in China Eastern Airlines Corp. Ltd. ADR Class H by 28.8% during the second quarter. Aperio Group LLC now owns 29,483 shares of the transportation company’s stock worth $867,000 after purchasing an additional 6,601 shares during the period. Advisor Group Inc. grew its position in shares of China Eastern Airlines Corp. Ltd. ADR Class H by 24.6% during the 2nd quarter. Advisor Group Inc. now owns 2,171 shares of the transportation company’s stock worth $64,000 after buying an additional 428 shares during the period. Envestnet Asset Management Inc. grew its position in shares of China Eastern Airlines Corp. Ltd. ADR Class H by 10.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,515 shares of the transportation company’s stock worth $604,000 after buying an additional 1,980 shares during the period. Northern Trust Corp grew its position in shares of China Eastern Airlines Corp. Ltd. ADR Class H by 78.2% during the 2nd quarter. Northern Trust Corp now owns 69,684 shares of the transportation company’s stock worth $2,050,000 after buying an additional 30,574 shares during the period. Finally, Parametric Portfolio Associates LLC bought a new stake in shares of China Eastern Airlines Corp. Ltd. ADR Class H in the 2nd quarter valued at $1,167,000. 0.08% of the stock is currently owned by institutional investors.

China Eastern Airlines Corp. Ltd. ADR Class H Company Profile

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China and internationally. The company offers passenger, cargo, mail delivery, ground, cargo handling, tour operations, air catering, and other extended transportation services.

Further Reading: Economic Reports

Analyst Recommendations for China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA)

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