Qantas Airways Limited Rating Reiterated by JPMorgan Chase & Co. (QAN)

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Qantas Airways Limited (ASX:QAN)‘s stock had its “underweight” rating restated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday.

A number of other firms have also recently commented 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 research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of A$1.39 ($1.29).

Shares of Qantas Airways Limited (ASX:QAN) opened at 1.345 on Monday. Qantas Airways Limited has a 1-year low of A$0.952 and a 1-year high of A$1.635. The stock’s 50-day moving average is A$1.21 and its 200-day moving average is A$1.14. The company’s market cap is A$2.982 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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