Air Canada (AC) Receives C$16.15 Average PT from Brokerages

Shares of Air Canada (TSE:AC) have been given an average recommendation of “Buy” by the fifteen ratings firms that are presently covering the firm. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$16.15.

A number of analysts have recently commented on AC shares. TD Securities boosted their price target on Air Canada from C$22.00 to C$23.00 and gave the company an “action list buy” rating in a report on Tuesday, September 27th. Raymond James Financial Inc. boosted their price target on Air Canada from C$8.25 to C$10.50 in a report on Monday, October 17th. BMO Capital Markets boosted their price target on Air Canada from C$13.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, October 5th. Canaccord Genuity boosted their price target on Air Canada from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Monday, October 3rd. Finally, RBC Capital Markets upgraded Air Canada from an “outperform” rating to a “top pick” rating and boosted their price target for the company from C$14.00 to C$18.00 in a report on Thursday, October 6th.

Shares of Air Canada (TSE:AC) opened at 12.94 on Friday. Air Canada has a 52 week low of $6.81 and a 52 week high of $13.15. The company’s 50-day moving average price is $12.10 and its 200 day moving average price is $9.98. The company has a market cap of $3.57 billion and a P/E ratio of 6.22.

About Air Canada

Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. The Company’s mainline operates a fleet of over 170 aircraft, including Airbus narrow-body aircraft, Boeing and Airbus wide-body aircraft, and Embraer 190 regional jets.

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Air Canada (AC) Receives C$16.15 Average PT from Brokerages

Shares of Air Canada (TSE:AC) have been given an average recommendation of “Buy” by the fifteen ratings firms that are presently covering the firm. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$16.15.

A number of analysts have recently commented on AC shares. TD Securities boosted their price target on Air Canada from C$22.00 to C$23.00 and gave the company an “action list buy” rating in a report on Tuesday, September 27th. Raymond James Financial Inc. boosted their price target on Air Canada from C$8.25 to C$10.50 in a report on Monday, October 17th. BMO Capital Markets boosted their price target on Air Canada from C$13.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, October 5th. Canaccord Genuity boosted their price target on Air Canada from C$13.00 to C$14.00 and gave the company a “buy” rating in a report on Monday, October 3rd. Finally, RBC Capital Markets upgraded Air Canada from an “outperform” rating to a “top pick” rating and boosted their price target for the company from C$14.00 to C$18.00 in a report on Thursday, October 6th.

Shares of Air Canada (TSE:AC) opened at 12.94 on Friday. Air Canada has a 52 week low of $6.81 and a 52 week high of $13.15. The company’s 50-day moving average price is $12.10 and its 200 day moving average price is $9.98. The company has a market cap of $3.57 billion and a P/E ratio of 6.22.

About Air Canada

Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. The Company’s mainline operates a fleet of over 170 aircraft, including Airbus narrow-body aircraft, Boeing and Airbus wide-body aircraft, and Embraer 190 regional jets.

Receive News & Stock Ratings for Air Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Canada and related stocks with our FREE daily email newsletter.


 Comment on this Post

 
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