Zacks Research lowered shares of Qantas Airways (OTCMKTS:QABSY – Free Report) from a hold rating to a strong sell rating in a research note issued to investors on Monday,Zacks reports.
Qantas Airways Stock Up 1.0%
OTCMKTS QABSY opened at $31.41 on Monday. The firm’s fifty day simple moving average is $33.60 and its two-hundred day simple moving average is $33.15. Qantas Airways has a 12-month low of $28.15 and a 12-month high of $39.21.
About Qantas Airways
Qantas Airways Limited is Australia’s national airline and the parent company of the Qantas Group. Founded in 1920, the company operates passenger air transportation, air cargo and related travel businesses under the Qantas and Jetstar brands.
Qantas provides domestic and international scheduled flights, while Jetstar offers value-focused air travel in Australia and selected markets across the Asia-Pacific region. The group also operates freight services, holiday and travel businesses, and the Qantas Frequent Flyer loyalty program.
The Qantas Group serves destinations throughout Australia and connects the country with markets across New Zealand, Asia, Europe, North America and the South Pacific.
Featured Articles
- Five stocks we like better than Qantas Airways
- Allient’s Data Center and Defense Momentum Is Raising the Stakes
- Constellation Energy’s Google Deal Shows Why Nuclear Uprates Matter for AI
- Lamb Weston’s Turnaround Is Starting to Look Real
- These 3 Stocks Got the Most Love From Analysts in September
Receive News & Ratings for Qantas Airways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qantas Airways and related companies with MarketBeat.com's FREE daily email newsletter.
