Qantas Airways (OTCMKTS:QABSY – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.
Qantas Airways Price Performance
OTCMKTS:QABSY opened at $34.32 on Monday. The firm has a 50-day moving average of $35.82 and a two-hundred day moving average of $33.67. Qantas Airways has a 1-year low of $28.15 and a 1-year high of $41.65.
Qantas Airways Company Profile
Qantas Airways Limited is Australia’s flag carrier and one of the world’s oldest continuously operating airlines. The company provides a broad range of air transport services including scheduled passenger flights, air freight logistics, aircraft maintenance and engineering, and in-flight catering. It also operates a leading loyalty program, Qantas Frequent Flyer, which serves as a cornerstone of its revenue diversification strategy.
Founded in 1920 in Winton, Queensland, Qantas initially served remote outback communities before expanding into a national carrier following World War II.
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