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

Several brokerages have updated their recommendations and price targets on shares of Air Canada (TSE: AC) in the last few weeks:

• 4/10/2025 – Air Canada had its price target lowered by analysts at CIBC from C$24.00 to C$21.00.
• 4/10/2025 – Air Canada had its price target lowered by analysts at National Bankshares, Inc. from C$27.00 to C$23.00.
• 4/9/2025 – Air Canada had its price target lowered by analysts at Scotiabank from C$25.00 to C$21.00. They now have an “outperform” rating on the stock.
• 4/3/2025 – Air Canada had its price target lowered by analysts at BMO Capital Markets from C$31.00 to C$29.00. They now have an “outperform” rating on the stock.
• 4/1/2025 – Air Canada was downgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to an “underperform” rating. They now have a C$12.00 price target on the stock, down previously from C$18.00.
• 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.

Air Canada Stock Performance

AC stock traded down C$0.04 during trading on Tuesday, reaching C$14.01. 1,193,467 shares of the stock were exchanged, compared to its average volume of 3,499,793. The stock has a 50 day simple moving average of C$15.72 and a 200-day simple moving average of C$19.28. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00. The company has a market capitalization of C$5.00 billion, a P/E ratio of 1.97, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. Air Canada has a twelve month low of C$12.69 and a twelve month high of C$26.18.

Insider Activity

In other news, Director Vagn Sorensen acquired 11,440 shares of the company’s stock in a transaction on Wednesday, February 19th. The stock was purchased at an average cost of C$17.40 per share, with a total value of C$199,057.14. Also, Senior Officer Craig Landry purchased 13,644 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were acquired at an average cost of C$16.75 per share, with a total value of C$228,546.55. In the last ninety days, insiders have purchased 32,993 shares of company stock worth $538,251. Company insiders own 0.14% of the company’s stock.

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.