Air China Ltd (AIRYY) Receives Average Rating of “Hold” from Analysts

Shares of Air China Ltd (OTCMKTS:AIRYY) have been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.

AIRYY has been the subject of a number of recent analyst reports. ValuEngine raised Air China from a “sell” rating to a “hold” rating in a report on Saturday, September 1st. Jefferies Financial Group upgraded Air China from an “underperform” rating to a “buy” rating in a research report on Wednesday, September 19th. Finally, Zacks Investment Research upgraded Air China from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 20th.

AIRYY stock remained flat at $$20.03 on Monday. Air China has a 52 week low of $15.01 and a 52 week high of $32.26. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of -6.03 and a beta of 1.97. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.26 and a quick ratio of 0.24.

Air China (OTCMKTS:AIRYY) last issued its quarterly earnings data 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. Equities research analysts anticipate that Air China will post 0.81 EPS for the current 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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