Air Canada Vote & VV (AC), the Services sector company was revisited today, and remains undervalued for at least one analyst on the street. The company received a Buy rating from RBC Capital’s analyst Walter Spracklin, with a C$46 price target.
According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 18.0% and a 74.5% success rate. Spracklin covers the Services sector, focusing on stocks such as Union Pacific Corp, Canadian Railway, and Canadian Pacific.
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Air Canada Vote & VV has an analyst consensus of Strong Buy, with a price target consensus of C$44.88.
Air Canada Vote & VV’s market cap is currently C$9.1B and has a P/E ratio of 16.2. The company has a Price to Book ratio of 2.26.
Air Canada provides airline transportation services. It 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 was founded on April 11, 1936 and is headquartered in Saint-Laurent, Canada.
The company’s shares closed on Monday at C$35.28, close to its 52-week high of C$35.50.
