China Southern Airlines (NYSE:ZNH) was downgraded by investment analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued on Tuesday, Marketbeat.com reports.

Several other equities analysts have also commented on ZNH. HSBC raised China Southern Airlines from a “reduce” rating to a “hold” rating in a research report on Thursday, January 17th. JPMorgan Chase & Co. raised China Southern Airlines from a “neutral” rating to an “overweight” rating in a research report on Tuesday, January 22nd. ValuEngine lowered China Southern Airlines from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. UBS Group lowered China Southern Airlines from a “neutral” rating to a “sell” rating in a research report on Monday, February 25th. Finally, Zacks Investment Research lowered China Southern Airlines from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 27th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. China Southern Airlines presently has an average rating of “Hold” and a consensus target price of $55.00.

Shares of China Southern Airlines stock opened at $35.23 on Tuesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.27 and a current ratio of 0.29. China Southern Airlines has a 12 month low of $25.45 and a 12 month high of $57.27.

Several institutional investors and hedge funds have recently bought and sold shares of ZNH. Wells Fargo & Company MN raised its position in shares of China Southern Airlines by 58.0% in the 3rd quarter. Wells Fargo & Company MN now owns 24,996 shares of the transportation company’s stock worth $801,000 after purchasing an additional 9,180 shares during the last quarter. BlackRock Inc. purchased a new position in shares of China Southern Airlines in the 3rd quarter worth about $661,000. Jane Street Group LLC purchased a new position in shares of China Southern Airlines in the 3rd quarter worth about $202,000. OLD Mission Capital LLC purchased a new position in shares of China Southern Airlines in the 4th quarter worth about $562,000. Finally, Millennium Management LLC purchased a new position in shares of China Southern Airlines in the 4th quarter worth about $242,000. 0.37% of the stock is owned by hedge funds and other institutional investors.

China Southern Airlines Company Profile

China Southern Airlines Company Limited provides airlines transportation services in the People's Republic of China and internationally. It operates through two segments, Airline Transportation Operations and Other Segments. The company offers passenger, cargo, mail delivery, and other extended transportation services.

Further Reading: Quiet Period Expirations

Analyst Recommendations for China Southern Airlines (NYSE:ZNH)

Receive News & Ratings for China Southern Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Southern Airlines and related companies with MarketBeat.com's FREE daily email newsletter.