Canaccord Genuity analyst Matthew Lee maintained a Hold rating on Air Canada (ACDVF) on May 7 and set a price target of C$26.00. The company’s shares closed last Friday at $20.50.
According to TipRanks.com, Lee is ranked #2217 out of 7498 analysts.
Currently, the analyst consensus on Air Canada is a Moderate Buy with an average price target of $24.75, a 28.2% upside from current levels. In a report issued on May 4, TD Securities also maintained a Hold rating on the stock with a C$28.00 price target.
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The company has a one-year high of $24.82 and a one-year low of $9.10. Currently, Air Canada has an average volume of 210.2K.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ACDVF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
