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 > Bank Of America picks AC over AAL and UAL

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Comment by Starsearcher80on Feb 22, 2021 6:08pm

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Post# 32632662

RE:Bank Of America picks AC over AAL and UAL

Bank of America has a buy rating on AC, but an underperform rating on American Airlines and United??!! Well that's just AWESOME!!

So both of those airlines have moved further and faster than AC during the pandemic stock recovery, but Bank of America now sees the diffference, not only in the price of the stock, but also in the QUALITY of the stock. This bodes extremely well for AC!!

THRILLED to see this!

OnTheBalance wrote: Read the last paragraph to gain a clearer understanding of what is going on. These differences will matter.. NOT ALL Covid Recovery Stocks are EQUAL.

Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels.

In a Monday note, BofA research analyst Andrew G. Didora raised price targets for airline stocks by an average of 15%, but emphasized that momentum, not value, is driving the higher price targets.

The analyst holds a buy rating for Air Canada, Alaska Air Group, JetBlue Airways, Mesa Air Group, and Southwest. He also holds an underperform rating for American Airlines, Hawaiian Holdings, Royal Caribbean, and United Airlines.