Air Canada Given New C$13.00 Price Target at RBC Capital (AC.B)
Stock analysts at RBC Capital lifted their target price on shares of Air Canada (TSE:AC.B) from C$10.00 to C$13.00 in a report issued on Thursday, AnalystRatingsNetwork.com reports. The firm currently has an “outperform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Air Canada from C$10.00 to C$12.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Air Canada from C$7.50 to C$12.00 in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Finally, analysts at CIBC reiterated a “sector perform” rating on shares of Air Canada in a research note to investors on Thursday, December 12th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$8.86.
Air Canada is a domestic, the United States trans-border and international airline and provider of scheduled passenger services in the Canadian market, the Canada-United States trans-border market and in the international market to and from Canada.
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