In a latest note to investors, a research analyst has provided a rating update for the Air Canada Vote & VV (AC). Analyst Fadi Chamoun from BMO Capital rated Air Canada Vote & VV (AC) a Buy yesterday, setting a C$50 price target.
According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 19.2% and a 85.9% success rate. Chamoun covers the Services sector, focusing on stocks such as Kansas City Southern, WestJet Airlines Ltd, and Union Pacific Corp.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Air Canada Vote & VV with a C$45.57 average price target, representing an 11.8% upside. In a report issued on May 6, RBC Capital also reiterated a Buy rating on the stock with a C$46 price target.
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The company has a one-year high of C$40.80 and a one-year low of C$20.33. Currently, Air Canada Vote & VV has an average volume of 1.28M.
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 Friday at C$40.76, close to its 52-week high of C$40.80.
