Air China Ltd (OTCMKTS:AIRYY) Given Average Rating of “Hold” by Brokerages

Air China Ltd (OTCMKTS:AIRYY) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have given a buy recommendation to the company.

Several equities research analysts have issued reports on AIRYY shares. UBS Group upgraded shares of Air China from a “neutral” rating to a “buy” rating in a research note on Monday, July 15th. Zacks Investment Research downgraded shares of Air China from a “buy” rating to a “hold” rating in a research note on Thursday, August 8th. Credit Suisse Group downgraded shares of Air China from a “neutral” rating to an “underperform” rating in a research note on Monday, June 10th. JPMorgan Chase & Co. downgraded shares of Air China from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 8th. Finally, Goldman Sachs Group upgraded shares of Air China from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 10th.

Air China stock remained flat at $$16.22 during trading on Friday. 100 shares of the company were exchanged, compared to its average volume of 1,062. The company has a current ratio of 0.30, a quick ratio of 0.28 and a debt-to-equity ratio of 1.00. Air China has a 52-week low of $15.01 and a 52-week high of $27.00. The firm has a 50-day simple moving average of $19.41.

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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Analyst Recommendations for Air China (OTCMKTS:AIRYY)

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