China Eastern Airlines Corporation Ltd. (CEA) Upgraded by ValuEngine to Strong-Buy

ValuEngine upgraded shares of China Eastern Airlines Corporation Ltd. (NYSE:CEA) from a buy rating to a strong-buy rating in a research report sent to investors on Friday.

Separately, BidaskClub lowered China Eastern Airlines Corporation from a hold rating to a sell rating in a research note on Friday, July 28th.

China Eastern Airlines Corporation (NYSE CEA) opened at $27.79 on Friday. China Eastern Airlines Corporation has a 52-week low of $21.38 and a 52-week high of $30.90. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.22 and a current ratio of 0.25. The company has a market capitalization of $8,006.37, a PE ratio of 9.85, a P/E/G ratio of 1.00 and a beta of 1.34.

TRADEMARK VIOLATION NOTICE: “China Eastern Airlines Corporation Ltd. (CEA) Upgraded by ValuEngine to Strong-Buy” was posted by Community Financial News and is the property of of Community Financial News. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.com-unik.info/2017/11/21/china-eastern-airlines-corporation-ltd-cea-upgraded-by-valuengine-to-strong-buy.html.

Hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. lifted its stake in China Eastern Airlines Corporation by 2.1% during the second quarter. Ameriprise Financial Inc. now owns 7,688 shares of the transportation company’s stock worth $235,000 after purchasing an additional 155 shares during the last quarter. Jane Street Group LLC bought a new stake in China Eastern Airlines Corporation during the third quarter worth about $322,000. U S Global Investors Inc. lifted its stake in China Eastern Airlines Corporation by 78.4% during the second quarter. U S Global Investors Inc. now owns 40,353 shares of the transportation company’s stock worth $1,116,000 after purchasing an additional 17,736 shares during the last quarter. Wells Fargo & Company MN lifted its stake in China Eastern Airlines Corporation by 0.9% during the second quarter. Wells Fargo & Company MN now owns 338,176 shares of the transportation company’s stock worth $10,349,000 after purchasing an additional 3,010 shares during the last quarter. Finally, Renaissance Group LLC lifted its stake in China Eastern Airlines Corporation by 3.4% during the second quarter. Renaissance Group LLC now owns 520,731 shares of the transportation company’s stock worth $15,934,000 after purchasing an additional 17,088 shares during the last quarter. 0.42% of the stock is owned by hedge funds and other institutional investors.

China Eastern Airlines Corporation Company Profile

China Eastern Airlines Corporation Limited is a China-based company principally engaged in the provision of airline transportation and extended services. The Company is primarily engaged in the operation of airline passenger, cargo, mail delivery, tour operations and other extended transportation services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

What are top analysts saying about China Eastern Airlines Corporation Ltd.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for China Eastern Airlines Corporation Ltd. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit