Air Canada (TSE:AC) Director Benjamin M. Smith sold 30,669 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of C$22.01, for a total transaction of C$675,024.69.

Air Canada (TSE:AC) opened at C$24.04 on Friday. Air Canada has a 12-month low of C$12.49 and a 12-month high of C$28.70.

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A number of research firms recently issued reports on AC. Canaccord Genuity boosted their target price on shares of Air Canada from C$23.00 to C$27.00 and gave the company a “buy” rating in a report on Wednesday, August 2nd. CIBC boosted their target price on shares of Air Canada from C$23.00 to C$27.00 in a report on Wednesday, August 2nd. Scotiabank boosted their target price on shares of Air Canada from C$20.50 to C$27.00 and gave the company a “sector perform” rating in a report on Wednesday, August 2nd. Royal Bank Of Canada boosted their target price on shares of Air Canada from C$25.00 to C$26.00 and gave the company a “top pick” rating in a report on Wednesday, August 2nd. Finally, J P Morgan Chase & Co restated a “neutral” rating and issued a C$29.00 target price on shares of Air Canada in a report on Monday. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of C$30.86.

About Air Canada

Air Canada provides the U.S. transbonder and international airline services. The company offers scheduled passenger services under the Air Canada Express brand name in the Canadian market, the Canada-U.S. transbonder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.

Insider Buying and Selling by Quarter for Air Canada (TSE:AC)

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