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China Eastern Airlines Corporation Ltd. (CEA) [hlAlert]

up 64.17 %

China Eastern Airlines Corporation Ltd. (CEA) rated Buy by Jefferies

Posted on: Friday,  Nov 15, 2013  8:25 AM ET by Jefferies

Jefferies rated Buy China Eastern Airlines Corporation Ltd. (NYSE: CEA) on 11/15/2013, when the stock price was $17.56.
Since then, China Eastern Airlines Corporation Ltd. has gained 64.18% as of 09/09/2015's recent price of $28.83.
If you would have followed this Jefferies's recommendation on CEA, you would have gained 64.17% of your investment in 663 days.

China Eastern Airlines Corporation Limited (China Eastern) is a China-based air carrier. The Company, together with its subsidiaries, is principally engaged in the operation of civil aviation, including the provision of passenger, cargo, and mail delivery and other extended transportation services. The Company is primarily focused in the provision of domestic, regional and international passenger airline services. China Eastern operated approximately 6,090 scheduled flights per week (excluding charter flights), serving a route network that covers 134 cities within China and abroad. During the year ended December 31, 2008, it operated a total of approximately 423 routes. As of December 31, 2008, the Company accounted for approximately 19.3% of the total commercial air traffic handled by Chinese airlines. The Company operates primarily from Shanghai?s Hongqiao Airport and Pudong International Airport.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/15/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -4.19 %
1 Month up  9.22 %
3 Months   
1 YTD up  9.22 %

(*) Stock Price at the time of the recommendation.
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