Analysts fell to the sidelines weighing in on and Air Canada (ACDVF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Air Canada (ACDVF)
Raymond James analyst Savanthi Syth reiterated a Hold rating on Air Canada on August 7. The company’s shares closed last Thursday at $13.10.
According to TipRanks.com, Syth is a 4-star analyst with an average return of 6.2% and a 54.2% success rate. Syth covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Southwest Airlines.
Currently, the analyst consensus on Air Canada is a Moderate Buy with an average price target of $17.09, implying a 40.9% upside from current levels. In a report issued on August 5, Citigroup also initiated coverage with a Hold rating on the stock with a C$16.00 price target.
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