Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.

TSX:AC - Post by User

Air Canada

Bullboard Posts

Post by CanadianBuckon Feb 18, 2016 9:21am

329 Views

Post# 24569960

TD Action Buy List - target $19

TD Investment Conclusion

12-Month Target Price: C$19.00

Air Canadas results are demonstrating that its strategy is leading to a more competitive cost structure, improving ROIC, strong earnings, and a downward bias to financial leverage. We believe that as the company continues to execute its strategy, the market will more appropriately discount the improving quality of the business through higher valuation multiples, which should lead to additional long-term share price upside beyond our 12- month target price. These factors, combined with its very low valuation, support our ACTION LIST BUY recommendation.

Bullboard Posts

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