Air China Ltd (OTCMKTS:AIRYY) Receives Average Recommendation of “Hold” from Brokerages
Shares of Air China Ltd (OTCMKTS:AIRYY) have been assigned an average rating of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company.
A number of brokerages have recently weighed in on AIRYY. UBS Group upgraded Air China from a “neutral” rating to a “buy” rating in a report on Monday, July 15th. Credit Suisse Group downgraded Air China from a “neutral” rating to an “underperform” rating in a report on Monday, June 10th. Goldman Sachs Group upgraded Air China from a “neutral” rating to a “buy” rating in a report on Wednesday, July 10th. JPMorgan Chase & Co. downgraded Air China from an “overweight” rating to a “neutral” rating in a report on Thursday, August 8th. Finally, Zacks Investment Research downgraded Air China from a “buy” rating to a “hold” rating in a report on Thursday, August 8th.
Shares of AIRYY stock remained flat at $$16.97 on Friday. Air China has a 1-year low of $15.01 and a 1-year high of $27.00. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 1.00. The company’s 50-day moving average price is $19.29 and its two-hundred day moving average price is $20.75.
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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