Their AC share price targets range from C$17.00 to C$42.00. On average, they expect the company's share price to reach C$29.63 in the next year. This suggests a possible upside of 63.7% from the stock's current price. View analysts price targets for AC or view top-rated stocks among Wall Street analysts. How have AC shares performed in 2023?
Should you buy Air Canada (AC) Stock?
11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AC shares. View AC analyst ratings or view top-rated stocks.
Why did Air Canada stock fall on Monday?
Air Canada ( AC.TO) shares fell on Monday after the release of third-quarter results that blew past analyst expectations, as concerns about economic uncertainty and cost pressures appeared to weigh on investors. Strong summer travel demand in the three month period ending Sept. 30 helped Air Canada beat analyst expectations for the third quarter.
What happened to ACE Aviation Holdings?
ACE Aviation Holdings is a holding company formed to help take Air Canada out of bankruptcy and has since been dissolved. Air Canada went public in 2007 and is listed on the Toronto Stock Exchange. Headquartered in Saint-Laurent, Canada, Air Canada is an international air carrier serving 222 destinations worldwide.
