Air Canada (TSE:AC.B) had its price target upped by TD Securities from C$6.50 to C$8.00 in a research note issued to investors on Monday, StockRatingsNetwork.com reports. The firm currently has a speculative buy rating on the stock.
TD Securities has also updated their ratings on a number of other stocks in the last week. The firm lowered its price target on shares of Eldorado Gold Co. from $11.00 to $10.00. They have an action buy list rating on that stock. Also, TD Securities reiterated its hold rating on shares of Sun Life Financial. They have a $37.00 price target on that stock. Finally, TD Securities downgraded shares of IAMGOLD Corp from a buy rating to a hold rating.
Several other analysts have also recently commented on the stock. Analysts at Scotiabank raised their price target on shares of Air Canada from C$3.75 to C$7.00 in a research note to investors on Monday. They now have a sector perform rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Air Canada from C$6.00 to C$8.00 in a research note to investors on Monday. They now have an outperform rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Air Canada from C$4.75 to C$8.00 in a research note to investors on Monday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Air Canada currently has a consensus rating of Buy and an average target price of C$6.61.
Air Canada is a domestic, the United States trans-border and international airline and provider of scheduled passenger services in the Canadian market, the Canada-United States trans-border market and in the international market to and from Canada.
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