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China Southern Airlines Company (ZNH) [hlAlert]

Rating:
Neutral ZNH

China Southern Airlines Company (ZNH) rated Neutral by Macquarie

Posted on: Tuesday,  Sep 22, 2015  5:25 PM ET by Macquarie

China Southern Airlines
Company (NYSE: ZNH) rated Neutral by Macquarie.

China Southern Airlines Company Limited provides commercial airline services throughout China, Hong Kong, Macau and Taiwan regions, Southeast Asia and other parts of the world. The Company is engaged in the provision of domestic and international passenger, cargo and mail airline services. The Company conducts a portion of its airline operations through its airline subsidiaries, namely Xiamen Airlines, Shantou Airlines Company Limited (Shantou Airlines), Zhuhai Airlines Company Limited (Zhuhai Airlines), Guizhou Airlines Company Limited (Guizhou Airlines) and Chongqing Airlines Company Limited (Chongqing Airlines) (collectively, the Airline Subsidiaries). During the year ended December 31, 2008, the Airline Subsidiaries carried 14.27 million passengers and accounted for 25% and 22% of the Company?s passengers carried and passenger revenue, respectively.

Macquarie include comprehensive research analysis of equities, economics, commodities, debt markets, foreign exchange, futures and ESG. We have one of the largest research teams in the Asia-Pacific, as well as teams in Europe, North America and South Africa – all providing powerful local market insight.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2015 5:25 PM Hold
None
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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