Qantas Airways Limited’s “Underweight” Rating Reaffirmed at JPMorgan Chase & Co. (QAN)
A number of other analysts have also recently weighed in on QAN. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Qantas Airways Limited in a research note on Tuesday, March 18th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of A$1.39 ($1.30).
Qantas Airways Limited (ASX:QAN) opened at 1.255 on Friday. Qantas Airways Limited has a one year low of A$0.952 and a one year high of A$1.670. The stock has a 50-day moving average of A$1.19 and a 200-day moving average of A$1.14. The company’s market cap is A$2.782 billion.
Qantas Airways Limited is engaged in the operation of international and domestic air transportation services, the provision of freight services and the operation of a Frequent Flyer loyalty program.
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