RBC Capital Reaffirms Their Hold Rating on Air Canada (ACDVF) | Markets Insider
RBC Capital analyst James McGarragle CFA maintained a Hold rating on Air Canada (ACDVF – Research Report) on February 14 and set a price target of C$20.00. The company’s shares closed last Friday at $12.53.
According to TipRanks, McGarragle CFA is a 4-star analyst with an average return of 8.0% and a 65.75% success rate. McGarragle CFA covers the Industrials sector, focusing on stocks such as Air Canada, Russel Metals, and CAE.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Air Canada with a $18.36 average price target.
Based on Air Canada’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.4 billion and a GAAP net loss of $644 million. In comparison, last year the company earned a revenue of $5.18 billion and had a net profit of $184 million