Air Canada Declines A lot Today, Is Now One of The Worst Performer


 Air Canada Declines A lot Today, Is Now One of The Worst Performer

The stock of Air Canada (TSE:AC) is a huge mover today! About 733,925 shares traded hands. Air Canada (TSE:AC) has risen 53.71% since March 14, 2016 and is uptrending. It has outperformed by 48.17% the S&P500.
The move comes after 8 months negative chart setup for the $3.53B company. It was reported on Oct, 19 by We have $12.12 PT which if reached, will make TSE:AC worth $211.80M less.

Air Canada (TSE:AC) Ratings Coverage

Out of 7 analysts covering Air Canada (TSE:AC), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Air Canada has been the topic of 33 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Thursday, August 13 by Scotia Capital. The stock has “Sector Perform” rating given by Scotia Capital on Friday, September 4. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, June 28. On Friday, October 14 the stock rating was maintained by National Bank Canada with “Outperform”. The firm has “Outperform” rating given on Thursday, August 13 by IBC. The stock of Air Canada (TSE:AC) earned “Outperform” rating by National Bank Canada on Friday, November 6. On Thursday, August 13 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Air Canada (TSE:AC) has “Buy” rating given on Thursday, August 13 by TD Securities. The firm has “Underperform” rating by Raymond James given on Thursday, January 14.

More notable recent Air Canada (TSE:AC) news were published by: which released: “Why Air Canada treated this Michigan family to a trip to Toronto” on October 18, 2016, also with their article: “Air Canada takeoff in Calgary aborted after engine problem” published on October 08, 2016, published: “Passengers furious as Air Canada strands travellers in Rio for 2 days” on October 06, 2016. More interesting news about Air Canada (TSE:AC) were released by: and their article: “Air Canada, WestJet ‘colluded’ to charge checked bag fee, proposed class …” published on September 27, 2016 as well as‘s news article titled: “Air Canada Can Rise 50% And Fetches 3x Earnings” with publication date: September 30, 2016.

Air Canada is a domestic, United States transborder and international airline company. The company has a market cap of $3.53 billion. The Firm is a well-known provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. It has a 6.2 P/E ratio. The Company’s mainline operates a fleet of over 170 aircraft, including Airbus narrow-body aircraft, Boeing and Airbus wide-body aircraft, and Embraer 190 regional jets.

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