Air China Ltd (AIRYY) Given Consensus Recommendation of “Hold” by Brokerages

Air China Ltd (OTCMKTS:AIRYY) has been given an average rating of “Hold” by the six brokerages that are presently covering the company, reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

A number of analysts have recently issued reports on AIRYY shares. Jefferies Financial Group upgraded Air China from an “underperform” rating to a “buy” rating in a report on Wednesday, September 19th. Zacks Investment Research upgraded Air China from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 20th. Finally, ValuEngine upgraded Air China from a “sell” rating to a “hold” rating in a report on Saturday, September 1st.

Shares of AIRYY remained flat at $$20.03 during mid-day trading on Monday. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 11.58, a P/E/G ratio of -6.03 and a beta of 1.97. Air China has a 1-year low of $15.01 and a 1-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 released its earnings results on Thursday, November 1st. The transportation company reported $0.76 earnings per share (EPS) for the quarter. The business had revenue of $5.68 billion during the quarter. On average, sell-side analysts anticipate that Air China will post 0.81 EPS for the current fiscal year.

About Air China

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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