China Southern Airli Receives Consensus Recommendation of “Hold” from Brokerages (NYSE:ZNH)
Shares of China Southern Airli (NYSE:ZNH) have earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the stock, Analyst Ratings Network.com reports. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $43.42.
Shares of China Southern Airli (NYSE:ZNH) opened at 17.27 on Thursday. China Southern Airli has a one year low of $14.47 and a one year high of $22.19. The stock’s 50-day moving average is $16.25 and its 200-day moving average is $16.04. The company has a market cap of $3.409 billion and a P/E ratio of 12.98.
Separately, analysts at Morgan Stanley downgraded shares of China Southern Airli to an “underweight” rating in a research note on Wednesday, August 13th.
China Southern Airlines Company Limited, incorporated on March 25, 1995, provides commercial airline services throughout China, Hong Kong, Macau and Taiwan regions, Southeast Asia and other parts of the world.
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