Credit Suisse Group upgraded shares of China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA) from a neutral rating to an outperform rating in a research note released on Friday morning, MarketBeat.com reports.

Several other research firms have also recently weighed in on CEA. Zacks Investment Research raised shares of China Eastern Airlines Corp. Ltd. ADR Class H from a sell rating to a hold rating in a report on Tuesday, November 20th. Jefferies Financial Group raised shares of China Eastern Airlines Corp. Ltd. ADR Class H from an underperform rating to a buy rating in a report on Wednesday, September 19th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of Buy.

China Eastern Airlines Corp. Ltd. ADR Class H stock traded up $1.23 during trading hours on Friday, hitting $29.57. The company had a trading volume of 17,941 shares, compared to its average volume of 15,743. The stock has a market cap of $8.13 billion, a P/E ratio of 9.07, a P/E/G ratio of -3.79 and a beta of 1.62. The company has a quick ratio of 0.24, a current ratio of 0.27 and a debt-to-equity ratio of 0.41. China Eastern Airlines Corp. Ltd. ADR Class H has a one year low of $25.68 and a one year high of $45.33.

China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA) last released its quarterly earnings results on Friday, October 26th. The transportation company reported $1.10 earnings per share for the quarter. The firm had revenue of $4.92 billion for the quarter. China Eastern Airlines Corp. Ltd. ADR Class H had a net margin of 2.58% and a return on equity of 4.85%. Equities analysts anticipate that China Eastern Airlines Corp. Ltd. ADR Class H will post 0.8 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the business. Rehmann Capital Advisory Group acquired a new position in shares of China Eastern Airlines Corp. Ltd. ADR Class H during the 3rd quarter worth approximately $160,000. Jane Street Group LLC acquired a new position in shares of China Eastern Airlines Corp. Ltd. ADR Class H during the 3rd quarter worth approximately $472,000. Renaissance Technologies LLC grew its position in shares of China Eastern Airlines Corp. Ltd. ADR Class H by 11.3% during the 3rd quarter. Renaissance Technologies LLC now owns 91,400 shares of the transportation company’s stock worth $2,917,000 after purchasing an additional 9,300 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of China Eastern Airlines Corp. Ltd. ADR Class H during the 3rd quarter worth approximately $312,000. Finally, Northern Trust Corp grew its position in shares of China Eastern Airlines Corp. Ltd. ADR Class H by 11.5% during the 2nd quarter. Northern Trust Corp now owns 35,969 shares of the transportation company’s stock worth $1,228,000 after purchasing an additional 3,724 shares in the last quarter. Hedge funds and other institutional investors own 0.09% of the company’s stock.

About China Eastern Airlines Corp. Ltd. ADR Class H

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China and internationally. The company offers passenger, cargo, mail delivery, ground, cargo handling, tour operations, air catering, and other extended transportation services.

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Analyst Recommendations for China Eastern Airlines Corp. Ltd. ADR Class H (NYSE:CEA)

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