RE:National Bank : Target increased from 20$ to 26$Will break $23.00 this week :)
lb1 wrote: From BNC
Maintain Outperform; target increased to $26.00 Air Canada shares are trading at 4.5x 2017 EV/EBITDAR, based on our updated estimates versus the U.S. legacy peers’ 2017 average of 4.8x. On P/E, Air Canada is trading at just 6.0x our 2017 earnings forecast, well below the U.S. legacy peers at 9.1x on average.