Air Canada (TSE:AC) stock price target upped to $10.50, released a research note earlier today by Raymond James
- Updated: October 17, 2016
Indicating a possible downside of -0.19%, Raymond James bumped up the target of Air Canada (TSE:AC) to $10.50
Previously on 10/14/2016, National Bank Financial released a statement on Air Canada (TSE:AC) upped the target price from $13.00 to $15.50. At the time, this indicated a possible upside of 0.20%.
Having a price of $12.98, Air Canada (TSE:AC) traded -0.08% lower on the day. The last stock close price is up 38.39% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $10.11 and a 200-day moving average of $9.38. 1,238,492 shares of AC traded, down from an avg. volume of 1,425,030
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With a market capitalization of $0, Air Canada has 52 week low of $6.81 and a 52 week high of $13.14 with a price-earnings ratio of 6.23 .
More 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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