National Bank analyst Cameron Doerksen maintained a Buy rating on Air Canada (ACDVF – Research Report) today and set a price target of C$31.00. The company’s shares opened today at $13.32.
Doerksen covers the Industrials sector, focusing on stocks such as Air Canada, Canadian National Railway, and TFI International. According to TipRanks, Doerksen has an average return of 7.2% and a 47.34% success rate on recommended stocks.
Currently, the analyst consensus on Air Canada is a Strong Buy with an average price target of $23.12, which is a 73.57% upside from current levels. In a report released on February 22, J.P. Morgan also maintained a Buy rating on the stock with a C$41.00 price target.
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The company has a one-year high of $19.80 and a one-year low of $11.52. Currently, Air Canada has an average volume of 180K.
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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.
Read More on ACDVF:
- Air Canada to cap fares, add 6,000 seats in select markets operated by Lynx Air
- Air Canada price target raised to C$30 from C$29 at Scotiabank
- ACDVF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Air Canada price target raised to C$32 from C$31 at Canaccord
- Air Canada price target raised to C$32 from C$31 at BMO Capital
