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Air Canada Vote & VV (AC) Receives a Buy from BMO Capital


Wall Street analyst has provided a review for the Services company on September 10, but retained the same rating on the stock. Air Canada Vote & VV (TSX: AC) received a Buy on September 10 from BMO Capital’s analyst Fadi Chamoun, with a C$39 price target.

According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 21.7% and a 88.7% success rate. Chamoun covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Canadian Railway, and Norfolk Southern.

Currently, the analyst consensus on Air Canada Vote & VV is a Strong Buy with an average price target of C$35.14.

Air Canada Vote & VV’s market cap is currently C$7.31B and has a P/E ratio of 4.8. The company has a Price to Book ratio of 1.87.

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$26.77.