Air Canada (TSE:AC) Given Consensus Rating of “Moderate Buy” by Brokerages

Air Canada (TSE:AC – Get Free Report) has earned an average recommendation of “Moderate Buy” from the fifteen brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has assigned a strong buy recommendation to the [...]

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Air Canada ( TSE:AC – Get Free Report ) has earned an average recommendation of “Moderate Buy” from the fifteen brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$25.75. Several equities research analysts have recently weighed in on the company.



Stifel Nicolaus raised Air Canada from a “hold” rating to a “buy” rating and raised their target price for the stock from C$20.00 to C$25.50 in a research report on Monday, November 4th.

CIBC raised their price objective on shares of Air Canada from C$25.00 to C$27.00 in a report on Monday, November 4th.

Canaccord Genuity Group upped their target price on shares of Air Canada from C$25.00 to C$29.00 in a report on Monday, November 4th.

BMO Capital Markets lifted their price target on shares of Air Canada from C$28.00 to C$29.00 in a research note on Monday, November 4th.

Finally, Citigroup upped their price objective on shares of Air Canada from C$21.00 to C$28.50 in a research note on Monday, November 18th.

View Our Latest Stock Report on AC Air Canada Stock Up 1.0 % Air Canada Company Profile ( Get Free Report Air Canada provides domestic, U.S.

transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S.

transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. Further Reading Five stocks we like better than Air Canada How to Choose Top Rated Stocks Vertiv’s Cool Tech Makes Its Stock Red-Hot How to Evaluate a Stock Before Buying MarketBeat Week in Review – 11/18 – 11/22 Stock Analyst Ratings and Canadian Analyst Ratings 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter .

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