In a report released yesterday, Owen Birrell from RBC Capital maintained a Buy rating on Qantas Airways Limited, with a price target of A$11.25.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

Birrell covers the Industrials sector, focusing on stocks such as Brambles , Qube Holdings, and Cleanaway Waste Management. According to TipRanks, Birrell has an average return of 8.5% and a 57.22% success rate on recommended stocks.

Currently, the analyst consensus on Qantas Airways Limited is a Strong Buy with an average price target of A$11.09.

QUBSF market cap is currently A$15.77B and has a P/E ratio of 9.75.