Air Canada (TSE:AC) Senior Officer Craig Landry Acquires 7,909 Shares

Air Canada (TSE:AC - Get Free Report) Senior Officer Craig Landry acquired 7,909 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was purchased 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 bought 13,644 shares of Air Canada stock. The shares were acquired at an average price of C$16.75 per share, with a total value of C$228,546.55.

Air Canada Trading Down 3.1 %

Shares of Air Canada stock opened at C$13.55 on Friday. The company has a debt-to-equity ratio of 400.00, a current ratio of 0.92 and a quick ratio of 1.06. Air Canada has a 1 year low of C$13.11 and a 1 year high of C$26.18. The firm has a market cap of C$4.83 billion, a PE ratio of 1.91, a PEG ratio of 0.02 and a beta of 2.39. The company has a 50 day simple moving average of C$16.65 and a two-hundred day simple moving average of C$19.38.

Analysts Set New Price Targets

A number of brokerages recently commented on AC. 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. Citigroup cut their price target on Air Canada from C$28.50 to C$26.50 and set a "buy" rating for the company in a report on Monday, December 30th. BMO Capital Markets reduced their price target on Air Canada from C$31.00 to C$29.00 and set an "outperform" rating for the company in a research report on Thursday. ATB Capital increased their price objective on Air Canada from C$28.00 to C$31.00 and gave the stock an "outperform" rating in a report on Wednesday, December 18th. Finally, Cormark lifted their target price on Air Canada from C$26.75 to C$29.50 in a report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$24.67.




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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