Citi Reaffirms Their Buy Rating on Air Canada (ACDVF)

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Citi analyst Stephen Trent maintained a Buy rating on Air Canada (ACDVF – Research Report) today. The company’s shares closed last Friday at $12.47.

Trent covers the Industrials sector, focusing on stocks such as Delta Air Lines, Frontier Group Holdings, and Alaska Air. According to TipRanks, Trent has an average return of 16.9% and a 59.07% success rate on recommended stocks.

In addition to Citi, Air Canada also received a Buy from TD Cowen’s Helane Becker in a report issued on October 1. However, on October 3, RBC Capital maintained a Hold rating on Air Canada (Other OTC: ACDVF).

The company has a one-year high of $14.91 and a one-year low of $10.16. Currently, Air Canada has an average volume of 258.4K.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ACDVF in relation to earlier this year.

TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.

Air Canada (ACDVF) Company Description:

Air Canada provides airline transportation services. It engages in full-service airline, scheduled passenger and cargo services, serving more than two hundred airports on six continents. It operates flights in Canada, the USA, Latin America, Europe, Australia and Asia. The company was founded on April 11, 1936 and is headquartered in Saint-Laurent, Canada.

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Citi Reaffirms Their Buy Rating on Air Canada (ACDVF)

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