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 > $30. COURS-CIBLE RBC

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Comment by lb1temporaryon Dec 10, 2020 9:10am

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Post# 32075507

RE:$30. COURS-CIBLE RBC

Weird analysis by RBC:

- Fundamentals are weak for airlines and Air Canada till 2024.
- The market has a positive sentiment about airlines,
- Air Canada is well positioned compared to its peers,
- So Air Canada will outperform the market.

His logic : If the market overbought airlines, so AC will be overbought.

I don't have any problem with his target but I will never bought shares ( except for a short time) based on this logic.

I prefer other analyst which focus on the strengh of the recovery for airlines and the Boom of leisure travelers at the end of restrictions.

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