Citi analyst Stephen Trent maintained a Buy rating on Air Canada (ACDVF – Research Report) today and set a price target of C$28.00. The company’s shares opened today at $12.36.
According to TipRanks, Trent is a 5-star analyst with an average return of 10.3% and a 47.67% success rate. Trent covers the Industrials sector, focusing on stocks such as American Airlines, Delta Air Lines, and Southwest Airlines.
Air Canada has an analyst consensus of Strong Buy, with a price target consensus of $21.65, which is a 75.16% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$31.00 price target.
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ACDVF market cap is currently $944.3M and has a P/E ratio of 12.32.
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Air Canada (ACDVF) Company Description:
Air Canada provides airline transportation services. It engages in full-service airline, scheduled passenger and cargo services, serving more than two hundred airports on six continents. It operates flights in Canada, the USA, Latin America, Europe, Australia and Asia. The company was founded on April 11, 1936 and is headquartered in Saint-Laurent, Canada.
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