Air Canada (OTCMKTS:ACDVF) Given Average Recommendation of “Hold” by Analysts

Air Canada (OTCMKTS:ACDVF – Get Free Report) has been assigned a consensus rating of “Hold” from the nine brokerages that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts recently weighed in on the company. Scotiabank reiterated a “sector perform” rating on shares of Air Canada in a report on Thursday. National Bank Financial upgraded Air Canada from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Zacks Research upgraded Air Canada from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Air Canada in a research note on Wednesday, July 8th.

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Air Canada Price Performance

Shares of ACDVF opened at $16.14 on Monday. The firm has a market cap of $4.52 billion, a PE ratio of 8.72, a price-to-earnings-growth ratio of 0.58 and a beta of 1.42. The company’s fifty day moving average is $15.94 and its two-hundred day moving average is $14.62. Air Canada has a fifty-two week low of $12.03 and a fifty-two week high of $17.96. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 3.32.

Air Canada (OTCMKTS:ACDVF – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.25. The business had revenue of $4.16 billion during the quarter, compared to the consensus estimate of $3.96 billion. Air Canada had a return on equity of 27.71% and a net margin of 3.45%. Analysts forecast that Air Canada will post 0.85 earnings per share for the current year.

About Air Canada

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Air Canada is the largest airline in Canada and one of the leading carriers in North America. Founded in 1937 as Trans-Canada Air Lines and rebranded as Air Canada in 1965, the company operates scheduled passenger and cargo services on six continents. The airline maintains membership in the Star Alliance network, offering seamless connections and coordinated loyalty benefits to travelers worldwide.

Through its mainline operations and subsidiaries—including Air Canada Rouge, Air Canada Cargo and Air Canada Vacations—the company provides a broad range of services.

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