Shares of Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $7.95, but opened at $8.2970. Cathay Pacific Airways shares last traded at $8.2970, with a volume of 1,081 shares traded.
Analysts Set New Price Targets
CPCAY has been the subject of a number of research analyst reports. Citigroup cut Cathay Pacific Airways from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Zacks Research raised Cathay Pacific Airways from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Cathay Pacific Airways currently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Cathay Pacific Airways
Cathay Pacific Airways Stock Performance
About Cathay Pacific Airways
Cathay Pacific Airways Limited (OTCMKTS:CPCAY) is the flag carrier of Hong Kong, operating a comprehensive network of scheduled passenger and cargo services across Asia, Europe, North America and Australasia. The airline’s fleet consists primarily of wide-body aircraft, including Airbus A330, A350 and Boeing 777 models, which are deployed on routes connecting Hong Kong International Airport to more than 80 destinations worldwide. Cathay Pacific is a founding member of the oneworld alliance, enabling seamless travel and loyalty benefits through partnerships with other leading global carriers.
Established in 1946 by American entrepreneur Roy C.
Further Reading
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