Air Canada (TSE:AC - Get Free Report) Senior Officer Craig Landry purchased 7,909 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The shares were acquired at an average cost of C$13.99 per share, with a total value of C$110,646.91.
Craig Landry also recently made the following trade(s):
- On Friday, February 28th, Craig Landry purchased 13,644 shares of Air Canada stock. The shares were bought at an average cost of C$16.75 per share, for a total transaction of C$228,546.55.
Air Canada Stock Performance
AC stock traded up C$1.31 during mid-day trading on Wednesday, reaching C$14.14. The company had a trading volume of 7,362,932 shares, compared to its average volume of 3,526,778. The stock has a market capitalization of C$5.04 billion, a P/E ratio of 1.99, a P/E/G ratio of 0.02 and a beta of 2.39. The stock's 50-day simple moving average is C$16.00 and its two-hundred day simple moving average is C$19.31. Air Canada has a one year low of C$12.69 and a one year high of C$26.18. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on AC shares. Cormark lifted their price objective on shares of Air Canada from C$26.75 to C$29.50 in a research note on Wednesday, December 18th. CIBC dropped their price target on shares of Air Canada from C$28.00 to C$24.00 in a research note on Tuesday, February 18th. BMO Capital Markets decreased their price objective on shares of Air Canada from C$31.00 to C$29.00 and set an "outperform" rating for the company in a research report on Thursday, April 3rd. ATB Capital increased their price target on Air Canada from C$28.00 to C$31.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. Finally, Scotiabank dropped their price objective on Air Canada from C$25.00 to C$21.00 and set an "outperform" rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$24.13.
View Our Latest Stock Analysis on Air Canada
About Air Canada
(
Get Free Report)
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.
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