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

Shares of Air China Ltd (OTCMKTS:AIRYY) have been assigned a consensus rating of “Hold” from the eight analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company.

AIRYY has been the topic of a number of research reports. JPMorgan Chase & Co. cut shares of Air China from an “overweight” rating to a “neutral” rating in a report on Thursday, August 8th. Credit Suisse Group cut shares of Air China from a “neutral” rating to an “underperform” rating in a report on Monday, June 10th. Goldman Sachs Group raised shares of Air China from a “neutral” rating to a “buy” rating in a report on Wednesday, July 10th. UBS Group raised shares of Air China from a “neutral” rating to a “buy” rating in a report on Monday, July 15th. Finally, Zacks Investment Research cut shares of Air China from a “buy” rating to a “hold” rating in a report on Thursday, August 8th.

Shares of OTCMKTS:AIRYY remained flat at $$16.22 on Friday. 100 shares of the company’s stock were exchanged, compared to its average volume of 1,062. Air China has a 52 week low of $15.01 and a 52 week high of $27.00. The business has a fifty day simple moving average of $19.41. The company has a quick ratio of 0.28, a current ratio of 0.30 and a debt-to-equity ratio of 1.00.

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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