Analysts have been quite happy with Air Canada Vote & VV (TSX: AC) stock lately, as another research firm gave the stock a Buy rating yesterday. Analyst Walter Spracklin from RBC Capital reiterated a Buy rating, with a C$35 price target.
According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 18.6% and a 73.8% success rate. Spracklin covers the Services sector, focusing on stocks such as Union Pacific Corp, Canadian Railway, and Canadian Pacific.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Air Canada Vote & VV with a C$32.40 average price target, a 25.7% upside from current levels. In a report issued on October 30, Paradigm also maintained a Buy rating on the stock.
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The company has a one-year high of C$29.11 and a one-year low of C$20.33. Currently, Air Canada Vote & VV has an average volume of 1.34M.
Air Canada provides airline transportation services. The company 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’s shares closed on Thursday at C$25.77.
