Air Canada Vote & VV (TSX: AC), the Services sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. Analyst Fadi Chamoun from BMO Capital rated Air Canada Vote & VV (TSX: AC) a Buy, setting a C$39 price target.
According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 21.6% and a 87.2% success rate. Chamoun covers the Services sector, focusing on stocks such as Norfolk Southern, United Parcel, and CH Robinson.
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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$35.14 average price target, which is a 32.4% upside from current levels. In a report issued on August 21, Canaccord Genuity also maintained a Buy rating on the stock with a C$33 price target.
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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 1.14M.
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 Tuesday at C$26.54.
