CIMB Gives Outperform Rating to Qantas Airways (QAN)
Qantas Airways (ASX: QAN)‘s stock had its “outperform” rating reiterated by investment analysts at CIMB in a note issued to investors on Friday. They currently have a $1.52 (1 AUD) target price on the stock.
Qantas Airways traded up 0.38% on Friday, hitting A$1.325. Qantas Airways has a 52-week low of A$0.960 and a 52-week high of A$1.825. The company’s market cap is A$2.979 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Qantas Airways in a research note to investors on Tuesday, November 13th. They now have a $2.03 price target on the stock. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Qantas Airways in a research note to investors on Monday, October 29th. They now have a $1.61 price target on the stock.
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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