Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs: CN Big 3 Airlines May Benefit from Lower Oil Prices; Ratings Buy
Recommend 4 Positive 14 Negative 7 |
||||
|
||||
|
Goldman Sachs released a research report believing that Chinese airlines may benefit from supply shortage due to slow aircraft deliveries and lower oil prices. The broker noted that the market has expressed concerns about demand growth due to macroeconomic weakness caused by tariff hikes and a faster-than-expected fleet introduction plan. Overall, Goldman Sachs kept ratings at Buy on the H-shares of the 3 big airlines. The broker kept its target prices for the H-shares of AIR CHINA (00753.HK)/ CHINA SOUTH AIR (01055.HK) unchanged at $6.7/ $4.4, and added its target price for CHINA EAST AIR (00670.HK)'s H-shares from $3.4 to $3.5. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
