Japan Airlines (OTCMKTS:JAPSY) Raised to “Strong-Buy” at Jefferies Financial Group

Japan Airlines (OTCMKTS:JAPSY) was upgraded by analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Separately, Zacks Research upgraded Japan Airlines from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Two investment analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Japan Airlines Price Performance

Shares of OTCMKTS:JAPSY opened at $10.70 on Monday. Japan Airlines has a 1 year low of $7.48 and a 1 year high of $11.00. The business has a fifty day simple moving average of $10.35 and a 200 day simple moving average of $9.59. The company has a current ratio of 1.31, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of 11.63 and a beta of 0.47.

Japan Airlines (OTCMKTS:JAPSY) last posted its earnings results on Wednesday, July 30th. The company reported $0.21 earnings per share for the quarter. Japan Airlines had a return on equity of 12.28% and a net margin of 6.35%.The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.20 billion. As a group, sell-side analysts predict that Japan Airlines will post 0.8 earnings per share for the current fiscal year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.