CATHAY PAC AIRW/S (CPCAY) Stock Rating Upgraded by Macquarie
CATHAY PAC AIRW/S (OTCMKTS:CPCAY) was upgraded by research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research note issued on Thursday.
A number of other equities research analysts have also recently commented on the company. ValuEngine cut CATHAY PAC AIRW/S from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised CATHAY PAC AIRW/S from a “sell” rating to a “hold” rating in a research note on Tuesday, October 9th.
Shares of CATHAY PAC AIRW/S stock opened at $7.40 on Thursday. CATHAY PAC AIRW/S has a 52 week low of $6.20 and a 52 week high of $9.54. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of -35.24 and a beta of 0.80.
Cathay Pacific Airways Limited, together with its subsidiaries, operates as an airline that provides scheduled passenger and cargo services to approximately 200 destinations in Asia, North America, Australia, Europe, and Africa. It operates in two segments, Airline Business and Non-Airline Business. The company conducts airline operations principally to and from Hong Kong.
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