Share on StockTwits

Qantas Airways Limited (ASX:QAN)‘s stock had its “underweight” rating reaffirmed by JPMorgan Chase & Co. in a research note issued on Monday.

Shares of Qantas Airways Limited (ASX:QAN) opened at 1.360 on Monday. Qantas Airways Limited has a one year low of A$0.952 and a one year high of A$1.635. The stock’s 50-day moving average is A$1.22 and its 200-day moving average is A$1.14. The company’s market cap is A$3.015 billion.

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 equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of A$1.39 ($1.29).

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.