Today, an analyst has provided a rating update for Air Canada Vote & VV (AC). Analyst Helane Becker from Cowen & Co. remains bullish on the stock and has a C$41 price target.
According to TipRanks.com, Becker is a top 100 analyst with an average return of 19.9% and a 70.4% success rate. Becker covers the Services sector, focusing on stocks such as Allegiant Travel Company, WestJet Airlines Ltd, and Southwest Airlines.
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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$42.14 average price target, implying a 25.1% upside from current levels. In a report issued on February 15, BMO Capital also reiterated a Buy rating on the stock with a C$45 price target.
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Air Canada Vote & VV’s market cap is currently C$8.96B and has a P/E ratio of 15.9. The company has a Price to Book ratio of 2.22.
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$33.69, close to its 52-week high of C$35.50.
