Canaccord Genuity Reiterates Buy Rating for Air Canada Var Vtg (AIDIF)
Air Canada Var Vtg (OTCMKTS:AIDIF)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity in a report released on Tuesday. They currently have a $14.00 price objective on the stock, up from their previous price objective of $13.00. Canaccord Genuity’s price objective suggests a potential upside of 40.00% from the stock’s current price.
Several other brokerages have also recently commented on AIDIF. Credit Suisse Group AG reiterated an “outperform” rating on shares of Air Canada Var Vtg in a research report on Friday. RBC Capital Markets reiterated an “outperform” rating and set a $14.00 price target (down previously from $16.00) on shares of Air Canada Var Vtg in a research report on Wednesday, August 3rd. Finally, Scotiabank reiterated a “sector perform” rating and set a $13.00 price target (down previously from $13.50) on shares of Air Canada Var Vtg in a research report on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $15.02.
Air Canada Var Vtg (OTCMKTS:AIDIF) remained flat at $10.00 on Tuesday. Air Canada Var Vtg has a one year low of $4.65 and a one year high of $9.93. The firm’s 50-day moving average is $7.34 and its 200 day moving average is $7.56.
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