A report released today by National Bank Financial about Air Canada (TSE:AC) raises the target price to $15.50
- Updated: October 14, 2016
Only yesterday Air Canada (TSE:AC) traded 2.30% higher at $12.94. AC’s 50-day average is $9.99 and its two hundred day average is $9.35. The last closing price is up 38.01% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the date range. Trade Volume was up over the average, with 1,624,457 shares of AC changing hands over the typical 1,402,500
National Bank Financial upped the price target of Air Canada (TSE:AC) to $15.50 indicating a possible upside of 0.20%.
Recent Performance Chart
Air Canada has 52 week low of $6.81 and a 52 week high of $12.98 with a P/E ratio of 6.20 and has a market cap of $0.
Brief Synopsis About Air Canada (TSE:AC)
Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. The Company's mainline operates a fleet of over 170 aircraft, including Airbus narrow-body aircraft, Boeing and Airbus wide-body aircraft, and Embraer 190 regional jets. Air Canada rouge operates a fleet of approximately 40 aircraft, which includes Airbus A319 aircraft, Airbus A321 aircraft and Boeing 767-300 aircraft. The Company offers in-flight wireless fidelity (Wi-Fi) connectivity to its customers on its mainline narrow-body aircraft within North America, including the Airbus A320 and Embraer 190 aircraft, as well as its Air Canada Express Embraer 175 aircraft and Bombardier CRJ-705. It operates approximately 1,580 daily scheduled flights to over 190 direct destinations in approximately five continents.
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