- China Eastern Airlines experienced a significant increase in passenger traffic in November, with a 20.9% rise.
- The passenger load factor for the airline reached 84.3%, indicating a strong level of seat occupancy on average.
- Analyst ratings on the airline’s stock show 10 buy recommendations, suggesting optimism about the company’s future performance.
- There are no current hold recommendations, indicating analysts believe in more decisive actions either to buy or sell.
- There are 6 sell recommendations, reflecting a degree of caution or concern among some analysts.
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A look at China Eastern Airlines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Eastern Airlines Corporation Limited, a major player in the civil aviation industry, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a high Growth score of 5, the company is poised for substantial future expansion and development. Complementing this, its Momentum score of 5 indicates strong positive market momentum, suggesting growing investor interest and confidence in the company’s potential.
Although the Dividend and Resilience scores are on the lower end at 1 and 2 respectively, the company compensates with a solid Value score of 4, implying that it is currently trading at an attractive valuation. Overall, with a mix of high growth potential and positive market sentiment, China Eastern Airlines appears to be a company to watch for investors seeking opportunities in the aviation sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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