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.

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Air Canada

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Post by sleapeasyon Oct 19, 2015 10:23am

189 Views

Post# 24204229

Downgrade for a/c

Mr. Cherniavsky raised his third-quarter earnings per share estimate to 74 cents from 71 cents with his 2015 estimate going to $2.88 from $2.85. His price target for the stock was unchanged at $26. Consensus is $30.20.

For Air Canada, he raised his third-quarter EPS projection to $2.05 from $1.99. His 2015 full-year EPS went to $3.63 from $3.48. He did lower his price target to $11 from $14, compared to a $17.75 consensus.

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