Bullboard - Stock Discussion Forum 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... see more

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TSX:AC - Post Discussion

Air Canada > STRONG BUY !

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Post by red2000 on Jan 15, 2021 9:06am

STRONG BUY !

Again Air Canada is consider a strong buy !

US analysts initially suggestion was :

Based on 12 analysts offering 12 month price targets for Air Canada in the last 3 months. The average price target is $22.06 US with a high forecast of $25.30 US and a low forecast of $16.60 US . The average price target represents a 17.00% increase from the last price of $18.86.US of yesterday, january 14th.

Now they see it around 27$ US, with actual exchange rate it 34,30$ CDN !

Wait and see !

Still LONG !

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Comment by Pachuko on Jan 15, 2021 9:20am

thanks for this summary. A few things will have a significant impact on the targets. Canadian government actions, Transat deal outcome, quarter results and vaccinations progress. The upside to AC is a given it is just really if there will be any downturns along the way that significantly impact the share price. I dont really see any other than a failure on the vaccinations progress which would ...more

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Air Canada