Jefferies Financial Group upgraded shares of Air China (OTCMKTS:AIRYY) from an underperform rating to a buy rating in a research note issued to investors on Wednesday morning, MarketBeat.com 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.

Several other equities analysts have also recently issued reports on the company. Daiwa Capital Markets upgraded Air China from an underperform rating to a neutral rating in a research report on Monday, August 6th. ValuEngine upgraded Air China from a sell rating to a hold rating in a research report on Wednesday, July 25th. JPMorgan Chase & Co. cut Air China from an overweight rating to a neutral rating in a research report on Wednesday, July 18th. Finally, Zacks Investment Research upgraded Air China from a strong sell rating to a hold rating in a research report on Wednesday, July 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold.

AIRYY opened at $19.03 on Wednesday. The stock has a market cap of $4.34 billion, a PE ratio of 11.00, a PEG ratio of -5.73 and a beta of 1.83. 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 quick ratio of 0.24 and a current ratio of 0.26.

Air China (OTCMKTS:AIRYY) last issued its quarterly earnings results on Friday, August 31st. The transportation company reported $0.20 earnings per share (EPS) for the quarter. The company had revenue of $5.12 billion during the quarter. equities research analysts anticipate that Air China will post 0.81 EPS for the current year.

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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