Qantas Airways (ASX:QAN)‘s stock had its “outperform” rating restated by research analysts at CIMB in a report released on Wednesday, ARN reports.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a “buy” rating on shares of Qantas Airways (ASX:QAN) in a research note to investors on Monday. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Qantas Airways (ASX:QAN) in a research note to investors on Wednesday, July 17th.
One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Qantas Airways has a consensus rating of “Buy” and a consensus price target of A$1.81 ($1.66).
Qantas Airways (ASX:QAN) traded up 6.44% on Wednesday, hitting A$1.405. 9,943,966 shares of the company’s stock traded hands. Qantas Airways has a 52-week low of A$0.000 and a 52-week high of A$0.000. The stock’s 50-day moving average is A$0.0 and its 200-day moving average is A$0.0. The company has a market cap of A$3.842 billion and a P/E ratio of 660.00.
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.