Share on StockTwits

Air Canada (TSE:AC.B) has received a consensus recommendation of “Buy” from the ten brokerages that are covering the stock, AnalystRatingsNetwork reports. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$12.03.

A number of analysts have recently weighed in on AC.B shares. Analysts at Raymond James raised their price target on shares of Air Canada from C$6.50 to C$7.50 in a research note on Friday, July 25th. They now have an “underperform” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Air Canada from C$11.50 to C$12.00 in a research note on Tuesday, July 15th. They now have a “buy” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Air Canada from C$11.00 to C$14.25 in a research note on Thursday, July 10th. They now have a “sector outperform” rating on the stock.

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.

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 Analyst Ratings Network's FREE daily email newsletter.