Analysts’ Weekly Ratings Changes for Air Canada (AC)

Several brokerages have updated their recommendations and price targets on shares of Air Canada (TSE: AC) in the last few weeks:

• 11/2/2026 – Air Canada had its price target lowered by Royal Bank Of Canada from C$37.00 to C$28.00. They now have an “outperform” rating on the stock.
• 10/30/2026 – Air Canada had its price target lowered by BMO Capital Markets from C$35.00 to C$33.00. They now have an “outperform” rating on the stock.
• 10/30/2026 – Air Canada had its price target lowered by Scotia from C$33.00 to C$31.00. They now have a “sector outperform” rating on the stock.
• 10/30/2026 – Air Canada had its price target lowered by National Bank Financial from C$37.00 to C$33.00. They now have an “outperform” rating on the stock.
• 10/29/2026 – Air Canada had its price target lowered by Stifel Nicolaus from C$38.00 to C$32.00. They now have a “buy” rating on the stock.
• 10/27/2026 – Air Canada had its price target lowered by ATB Cormark Capital Markets from C$45.00 to C$43.00. They now have an “outperform” rating on the stock.
• 10/22/2026 – Air Canada was upgraded by Canaccord Genuity Group from “hold” to “buy”. They now have a C$25.00 price target on the stock, down from C$29.00.
• 10/19/2026 – Air Canada was downgraded by Jefferies Financial Group from “hold” to “moderate sell”. They now have a C$19.00 price target on the stock, down from C$26.00.
• 10/15/2026 – Air Canada had its price target lowered by National Bank Financial from C$40.00 to C$37.00. They now have an “outperform” rating on the stock.
• 10/15/2026 – Air Canada had its price target lowered by Scotiabank from C$37.50 to C$33.00. They now have a “sector outperform” rating on the stock.
• 10/8/2026 – Air Canada had its price target lowered by Canaccord Genuity Group from C$33.00 to C$29.00. They now have a “hold” rating on the stock.

Air Canada Stock Up 0.8%

TSE:AC opened at C$23.41 on Thursday. Air Canada has a 1-year low of C$16.45 and a 1-year high of C$31.45. The company has a debt-to-equity ratio of 517.55, a current ratio of 0.64 and a quick ratio of 1.05. The company has a market capitalization of C$5.92 billion, a PE ratio of 23.65, a P/E/G ratio of 0.02 and a beta of 1.64. The firm’s 50-day moving average price is C$24.76 and its 200-day moving average price is C$22.46.

Air Canada (TSE:AC) last released its earnings results on Thursday, October 29th. The company reported C$0.75 EPS for the quarter. The business had revenue of C$6.98 billion for the quarter. Air Canada had a return on equity of 12.10% and a net margin of 1.23%. On average, equities analysts predict that Air Canada will post 2.58 EPS for the current fiscal year.

Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Headquartered in Montréal, Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada’s Aeroplan program is Canada’s premier travel loyalty program, with more than 10 million members worldwide. Members can earn or redeem points on the world’s largest airline partner network of more than 50 airlines, plus through an extensive range of merchandise, hotel and car rental partners.