Air China Ltd (OTCMKTS:AIRYY) Receives Average Recommendation of “Hold” from Analysts

Shares of Air China Ltd (OTCMKTS:AIRYY) have been given a consensus rating of “Hold” by the eight ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have issued a buy recommendation on the company.

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lowered Air China from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 8th. UBS Group upgraded Air China from a “neutral” rating to a “buy” rating in a research note on Monday, July 15th. Credit Suisse Group cut Air China from a “neutral” rating to an “underperform” rating in a research note on Monday, June 10th. Goldman Sachs Group upgraded Air China from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 10th. Finally, Zacks Investment Research cut Air China from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th.

AIRYY traded down $0.58 on Friday, hitting $16.20. 2,900 shares of the company were exchanged, compared to its average volume of 939. The stock’s fifty day moving average price is $19.56. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.30 and a quick ratio of 0.28. Air China has a 12 month low of $15.01 and a 12 month high of $27.00.

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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Analyst Recommendations for Air China (OTCMKTS:AIRYY)

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