Air Canada (AC) – Research Analysts’ Weekly Ratings Changes

A number of research firms have changed their ratings and price targets for Air Canada (TSE: AC):

• 3/3/2025 – Air Canada was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a C$24.00 price target on the stock, down previously from C$34.00.
• 2/24/2025 – Air Canada had its price target lowered by analysts at Jefferies Financial Group Inc. from C$23.00 to C$18.00.
• 2/18/2025 – Air Canada had its price target lowered by analysts at CIBC from C$28.00 to C$24.00.
• 2/18/2025 – Air Canada had its price target lowered by analysts at Stifel Nicolaus from C$28.00 to C$26.00.
• 1/6/2025 – Air Canada had its price target raised by analysts at Jefferies Financial Group Inc. from C$22.00 to C$23.00.

Air Canada Price Performance

Shares of AC opened at C$16.67 on Thursday. Air Canada has a twelve month low of C$14.47 and a twelve month high of C$26.18. The stock’s 50 day moving average is C$19.45 and its two-hundred day moving average is C$19.43. The firm has a market capitalization of C$5.95 billion, a PE ratio of 2.35, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00.

Insider Buying and Selling at Air Canada

In other news, Senior Officer Craig Landry purchased 13,644 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were acquired at an average price of C$16.75 per share, with a total value of C$228,546.55. Also, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80. 0.14% of the stock is owned by corporate insiders.

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.