Air China (AIRYY) Upgraded at Credit Suisse Group

Air China (OTCMKTS:AIRYY) was upgraded by investment analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a report issued on Friday, The Fly reports.

A number of other brokerages have also commented on AIRYY. Jefferies Financial Group raised Air China from an “underperform” rating to a “buy” rating in a research report on Wednesday, September 19th. Zacks Investment Research raised Air China from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. Air China presently has a consensus rating of “Hold”.

Shares of Air China stock opened at $17.34 on Friday. Air China has a one year low of $15.01 and a one year high of $32.26.

Air China (OTCMKTS:AIRYY) last issued its earnings results on Thursday, November 1st. The transportation company reported $0.76 EPS for the quarter. The firm had revenue of $5.68 billion during the quarter. As a group, analysts anticipate that Air China will post 0.81 EPS for the current fiscal 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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The Fly

Analyst Recommendations for Air China (OTCMKTS:AIRYY)

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