Credit Suisse Group upgraded shares of Air China (OTCMKTS:AIRYY) from a neutral rating to an outperform rating in a research note released on Friday, The Fly reports.

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

Air China stock remained flat at $$17.34 during mid-day trading on Friday. The company’s stock had a trading volume of 7 shares, compared to its average volume of 215. Air China has a one year low of $15.01 and a one year high of $32.26.

Air China (OTCMKTS:AIRYY) last released its quarterly earnings results on Thursday, November 1st. The transportation company reported $0.76 earnings per share for the quarter. The company had revenue of $5.68 billion for the quarter. As a group, sell-side analysts forecast that Air China will post 0.81 EPS for the current fiscal year.

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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