Shares of Air Canada Vote & VV (AC) were revisited by a Wall Street analyst yesterday. Analyst Turan Quettawala from Scotiabank remains bullish on the stock and has a C$42 price target.
According to TipRanks.com, Quettawala is a 4-star analyst with an average return of 3.4% and a 64.4% success rate. Quettawala covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Union Pacific Corp, and Canadian Railway.
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Air Canada Vote & VV has an analyst consensus of Strong Buy, with a price target consensus of C$41.14, which is a 25.1% upside from current levels. In a report issued on February 10, AltaCorp Captial 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$32.12 and a one-year low of C$20.33. Currently, Air Canada Vote & VV has an average volume of 1.21M.
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 Wednesday at C$32.89.
