Scotiabank analyst boosted Air Canada’s (TSX: AC) price target from $25 to $26 on June 2, 2020.
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.
- 8 Wall Street analysts have issued ratings and price targets for Air Canada in the last 12 months.
- Average twelve-month price target is C$30.45, suggesting that the stock has a possible upside of 82.47%.
- The high price target for AC is C$46.00
- The low price target for AC is C$19.00.
- There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Buy.”
| Date | Brokerage | Action | Rating | Price Target |
|---|---|---|---|---|
| 6/2/2020 | Scotiabank | Boost Price Target | C$25.00 ➝ C$26.00 | |
| 5/6/2020 | Cormark | Downgrade | Buy ➝ Market Perform | C$28.00 ➝ C$20.00 |
| 5/5/2020 | National Bank Financial | Lower Price Target | Sector Perform | C$22.00 ➝ C$20.00 |
| 5/5/2020 | Raymond James | Reiterated Rating | Market Perform | |
| 5/5/2020 | AltaCorp Capital | Lower Price Target | C$50.00 ➝ C$46.00 | |
| 5/5/2020 | Cowen | Boost Price Target | C$17.00 ➝ C$19.00 | |
| 5/5/2020 | Royal Bank of Canada | Lower Price Target | Outperform | C$28.00 ➝ C$25.00 |
| 4/9/2020 | JPMorgan Chase & Co. | Lower Price Target | C$43.00 ➝ C$34.00 | |
| 4/8/2020 | CIBC | Lower Price Target | C$37.00 ➝ C$29.00 | |
| 3/17/2020 | TD Securities | Lower Price Target | Buy | C$45.00 ➝ C$31.00 |
| Today | 30 Days Ago | 90 Days Ago | |
|---|---|---|---|
| Consensus Rating: | Buy | Buy | Buy |
| Consensus Rating Score: | 2.50 | 2.57 | 2.78 |
| Ratings Breakdown: | 0 Sell Rating(s) 4 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 3 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 2 Hold Rating(s) 7 Buy Rating(s) 0 Strong Buy Rating(s) |
| Consensus Price Target: | C$30.45 | C$37.80 | C$53.33 |
| Price Target Upside: | 82.47% upside | 108.61% upside | 19.31% upside |
