Air China (OTCMKTS:AICAF) Downgraded to “Reduce” at HSBC

HSBC lowered shares of Air China (OTCMKTS:AICAFGet Rating) from a hold rating to a reduce rating in a research report sent to investors on Tuesday morning, The Fly reports.

Other research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. raised shares of Air China from a neutral rating to an overweight rating in a report on Wednesday, September 7th. Jefferies Financial Group cut shares of Air China from a hold rating to an underperform rating in a report on Thursday, June 16th.

Air China Price Performance

Shares of AICAF opened at $0.77 on Tuesday. Air China has a 12 month low of $0.61 and a 12 month high of $0.88. The firm’s 50 day moving average is $0.79 and its 200-day moving average is $0.73.

Air China Company Profile

(Get Rating)

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. The company operates through Airline Operations and Other Operations segments.

Featured Articles

The Fly logo

Receive News & Ratings for Air China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air China and related companies with's FREE daily email newsletter.