Air Canada (TSE:AC) Director Benjamin M. Smith sold 15,250 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of C$27.10, for a total transaction of C$413,275.00.

Air Canada (TSE:AC) opened at C$26.89 on Friday. The company has a market cap of $7,340.00, a P/E ratio of 3.65 and a beta of 0.74. Air Canada has a 1 year low of C$12.49 and a 1 year high of C$28.70.

A number of research firms recently weighed in on AC. Macquarie raised shares of Air Canada from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from C$28.00 to C$35.00 in a research report on Tuesday, February 20th. Scotiabank raised shares of Air Canada from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$29.25 to C$32.00 in a research report on Tuesday, February 20th. TD Securities raised their target price on shares of Air Canada from C$34.00 to C$36.00 and gave the stock an “action list buy” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a C$29.00 target price on shares of Air Canada in a research report on Monday, November 13th. Finally, National Bank Financial reaffirmed an “outperform market weight” rating on shares of Air Canada in a research report on Sunday, January 14th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Air Canada currently has an average rating of “Buy” and a consensus price target of C$32.36.

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Air Canada Company Profile

Air Canada provides the U.S. transbonder and international airline services. The company offers scheduled passenger services under the Air Canada Express brand name in the Canadian market, the Canada-U.S. transbonder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.

Insider Buying and Selling by Quarter for Air Canada (TSE:AC)

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