Air Canada Stock Predictions 2024. Air canada’s stock could surge closer to $25 in june, maintaining its last two years’ seasonal trend. See air canada (ac.to) stock analyst estimates, including earnings and revenue, eps, upgrades and downgrades.
Based on 9 wall street analysts offering 12 month price targets for air canada in the last 3 months. Ac.ca updated stock price target summary.
Ac.ca Updated Stock Price Target Summary.
15 analysts recommended to buy the stock.
The Average Price Target Is C$31.38 With A High Forecast Of C$40.92 And A Low.
In 2024 so far, air canada stock has slid by 3.3% to currently trade at $18.08 per share, taking its market cap to $6.5 billion.
By Comparison, The Tsx Composite Benchmark Has Risen 14% During The Same Period.
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The Average Price Target Is C$31.38 With A High Forecast Of C$40.92 And A Low.
In my opinion, the direction of jet fuel prices, air traffic growth trends, and the possibility of a recession are likely to play a key role in guiding air canada stock next.
Learn Why Top Analysts Are Making This Stock Forecast For Air Canada At Marketbeat.
Air canada’s earnings are forecast to decline at 18% per annum while its annual revenue is expected to grow at 4.6% per year.
Air Canada Shares Tumbled After The Airline Warned It May Face Higher Operating Costs In 2024 As It Works Out A New Labor Agreement With Its More Than 5,000.