The Insider Selling: Air Canada (AC) Insider Sells 618 Shares of Stock

The Insider Selling: Air Canada (AC) Insider Sells 618 Shares of Stock

Mark Galardo also recently made the following trade(s):

Air Canada (TSE:AC) insider Mark Galardo sold 618 shares of the firm’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of C$16.26, for a total transaction of C$10,048.68.

Air Canada (AC) opened at 17.89 on Monday. The company has a market capitalization of $4.85 billion and a P/E ratio of 6.77. Air Canada has a one year low of $8.17 and a one year high of $18.10. The firm has a 50-day moving average of $15.13 and a 200-day moving average of $14.05.

Air Canada (AC) opened at 17.89 on Monday. The company has a market capitalization of $4.85 billion and a P/E ratio of 6.77. Air Canada has a one year low of $8.17 and a one year high of $18.10. The firm has a 50-day moving average of $15.13 and a 200-day moving average of $14.05. Several research analysts have commented on AC shares. Beacon Securities reaffirmed a “buy” rating on shares of Air Canada in a research note on Thursday, May 18th. Royal Bank of Canada reissued a “top pick” rating and set a C$18.00 target price on shares of Air Canada in a research note on Tuesday, February 21st. Raymond James Financial, Inc. boosted their target price on shares of Air Canada from C$12.50 to C$15.00 and gave the company a “market perform” rating in a research note on Monday, May 8th. TD Securities boosted their target price on shares of Air Canada from C$21.00 to C$24.00 and gave the company an “action list buy” rating in a research note on Tuesday, May 9th. Finally, Scotiabank lifted their price objective on Air Canada from C$15.50 to C$16.25 and gave the company a “sector perform” rating in a report on Monday, May 15th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. Air Canada has an average rating of “Buy” and an average price target of C$18.03.

About Air Canada Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. Its mainline operates a fleet of approximately 170 aircraft, including Airbus narrow-body aircraft, over 70 Boeing and Airbus wide-body aircraft, and approximately Embraer 190 regional jets.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:AC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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