Air Canada (TSE:AC) target price dropped to $14.00, reported today by RBC Capital Markets
- Updated: September 18, 2016
Yesterday Air Canada (TSE:AC) traded 0.33% higher at $8.84. Air Canada’s 50-day moving average is $9.02 and its 200-day moving average is $9.04. The last close is down 2.10% relative to the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Trading volume was was down over the average, with 830,741 shares of AC changing hands under the typical 1,087,410 shares..
Air Canada (TSE:AC) had its target price dropped to $14 by RBC Capital Markets in an issued report announced 8/03/2016. The target price suggests a potential upside of 0.58% from the bussiness’ most recent closing price.
On 7/22/2016, Macquarie Research released a statement on Air Canada(TSE:AC) raised the target price from $9.00 to $10.00 that suggested an upside of 0.05%.
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Air Canada has a P/E of 4 with a one-year low of $6.81 and a 52 week high of $12.39. Air Canada’s market cap is currently $0.0.
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, and 580 daily scheduled flights to over 190 direct destinations in approximately five continents.
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