AC has been the subject of a number of other research reports. Canaccord Genuity lifted their price objective on Air Canada from C$13.00 to C$14.00 and gave the company a buy rating in a research note on Monday, October 3rd. CSFB restated an outperform rating on shares of Air Canada in a research note on Thursday, September 29th. RBC Capital Markets upgraded Air Canada from an outperform rating to a top pick rating and boosted their price target for the stock from C$14.00 to C$18.00 in a research note on Thursday, October 6th. Royal Bank Of Canada upgraded Air Canada from an outperform rating to a top pick rating and boosted their price target for the stock from C$14.00 to C$18.00 in a research note on Thursday, October 6th. Finally, BMO Capital Markets boosted their price target on Air Canada from C$13.00 to C$15.00 and gave the stock an outperform rating in a research note on Wednesday, October 5th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of C$15.52.
Air Canada (TSE:AC) opened at 12.99 on Thursday. The company has a market cap of $3.59 billion and a P/E ratio of 6.24. Air Canada has a 52 week low of $6.81 and a 52 week high of $13.14. The firm has a 50-day moving average price of $10.23 and a 200 day moving average price of $9.42.
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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