What is the value of Air Canada stock?
Interactive chart of historical stock value for Air Canada over the last 10 years. The value of a company is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Air Canada market value as of January 18, 2022 is $6.51B.
What are analysts'1-year price targets for Air Canada?
9 Wall Street analysts have issued 1-year price objectives for Air Canada's stock. Their forecasts range from C$20.00 to C$35.00. On average, they expect Air Canada's stock price to reach C$28.17 in the next year. This suggests a possible upside of 4.3% from the stock's current price.
What is Air Canada's (AC) Stock's upside potential?
Their forecasts range from C$24.00 to C$34.00. On average, they expect Air Canada's share price to reach C$29.06 in the next twelve months. This suggests a possible upside of 32.6% from the stock's current price.
How much does Air Canada pay a dividend?
Air Canada pays an annual dividend of C$0.20 per share and currently has a dividend yield of 0.00%. What price target have analysts set for AC? 14 brokers have issued 1-year price objectives for Air Canada's shares.
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What was Air Canada highest stock price?
Key Turning Points52-Week High26.80Fibonacci 50%21.18Fibonacci 38.2%19.86Last Price16.9152-Week Low15.571 more row
Is Air Canada a buy or sell?
Air Canada has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 9 buy ratings, 6 hold ratings, and no sell ratings.
How much was Air Canada sold for?
The overall value of the deal was now 720 million dollars. On 23 August 2019, 95% of Transat A.T. shareholders approved the acquisition by Air Canada on that basis. The plan was "expected to face intense scrutiny from the Competition Bureau and other regulatory authorities, including in Europe", according to CBC News.
What is the target price for Air Canada stock?
Stock Price Target ACHigh$35.00Median$29.00Low$19.00Average$27.13Current Price$17.00
Has Air Canada ever paid a dividend?
Air Canada does not currently pay dividends to its shareholders. The group has implemented a policy of reinvesting its profits in order to finance its growth and the development of its activities, but also to repay its debt.
Is AC a buy stock?
Is Air Canada a buy or a sell? In the last year, 27 stock analysts published opinions about AC-T. 18 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock.
Who bought Air Canada?
For the first time since 1989, Canadian taxpayers own a piece of Air Canada. Packed into Monday's announced $5.9 billion financial assistance package was a statement from Deputy Minister Chrystia Freeland that the Liberal government was buying $500 million of Air Canada stock, or roughly 21.6 million shares.
Why was Air Canada privatized?
Air Canada has been a private corporation since the adoption of the Air Canada Public Privatization Act in 1988. This means that its primary purpose is to make money for its shareholders.
Is Westjet owned by Air Canada?
WestJet Airlines Ltd. is a Canadian airline headquartered in Calgary, Alberta, near Calgary International Airport. It is the second-largest Canadian airline, behind Air Canada, operating an average of 777 flights and carrying more than 66,130 passengers per day....WestJet.IATAICAOCallsignWSWJAWESTJET
Is AC overvalued?
Now might seem like a good time to take advantage of a down-and-out stock like Air Canada (Air Canada Stock Quote, Chart, News, Analysts, Financials TSX:AC), which got trashed in the early days of COVID-19 and has yet to recover.
What is Westjet stock price?
30.99Day ChangeLast Close30.99Day Range30.99 - 31.00Mkt Cap-52-Wk Range16.71 - 31.00Yield %1.81
Is Transat a good buy?
Should I buy Air Transat stock? Air Transat is not a stock to choose if you are looking for a yield stock, but it can be an interesting growth stock. Although the airline does not pay dividends to its shareholders, analysts expect its share price to rise in the medium-term, which could mean a capital gain for you.
Is Air Canada a good long-term investment?
If you're looking at buying Air Canada stock as a long-term investment, thinking it's a dominant company in an industry with tonnes of long-term potential, then you're on the right track. Any stock you consider buying in your TFSA, you should make sure you plan to own for the long haul.
Is Air Canada a buy Zacks?
Zacks' proprietary data indicates that Air Canada is currently rated as a Zacks Rank 3 and we are expecting an inline return from the ACDVF shares relative to the market in the next few months.
Why are Air Canada shares dropping?
Air Canada shares dropped after the company said that it will make “meaningful” reductions to its summer flight schedule in order to quickly bring passenger volumes down to a manageable level.
What Canadian stocks should I buy?
Top Canadian Bank Stock PicksBank NameTickerPrice/Fair ValueThe Toronto-Dominion BankTD0.86%Royal Bank of CanadaRY0.88%Bank of MontrealBMO0.84%Bank of Nova ScotiaBNS0.88%2 more rows•Jul 4, 2022
Should I buy or sell Air Canada stock right now?
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last year. There are currently 6 hold...
What is Air Canada's stock price forecast for 2022?
14 equities research analysts have issued 12-month price objectives for Air Canada's shares. Their forecasts range from C$24.00 to C$35.00. On aver...
How has Air Canada's stock performed in 2022?
Air Canada's stock was trading at C$21.13 on January 1st, 2022. Since then, AC shares have decreased by 4.2% and is now trading at C$20.25. View t...
When is Air Canada's next earnings date?
Air Canada is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022. View our earnings forecast for Air Canada .
Is Air Canada a good dividend stock?
Air Canada(TSE:AC) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 0.00%.
Who are Air Canada's key executives?
Air Canada's management team includes the following people: Mr. Michael Stewart Rousseau , CEO, Pres & Director (Age 64, Pay $500k) Mr. Amos S....
Who are some of Air Canada's key competitors?
Some companies that are related to Air Canada include Deutsche Lufthansa (LHA) , easyJet (EZJ) , Wizz Air (WIZZ) , Exchange Income (EIF) , Cho...
What other stocks do shareholders of Air Canada own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Air Canada investors own include Intact Financial (IFC) ,...
What is Air Canada's stock symbol?
Air Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AC."
About Air Canada
Air Canada (TSE:AC) Frequently Asked Questions
Air Canada provides domestic, U.S. transborder, and international airline services. It offers scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand name in the Canadian market, the Canada-U.S.
A history of financial difficulties
13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Canada in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock.
Dramatic turnaround
In the aftermath of the early 2000s recession, Air Canada faced a number of financial difficulties. Prior to the recession, the company had entered bankruptcy protection because of $14 billion worth of debt. Then in 2008, the company nearly tripled its pension deficit, which reached as high as $3.2 billion that year (up from $1.2 billion in 2007).
Return to profitability
At one point, it looked like Air Canada was pretty much finished. Faced with mounting debt, bankruptcy, and increasing pension obligations, the company was in a tough place. However, it managed to start turning things around.
