On May 16, 2018 JPMorgan Upgrades Air Canada (ACDVF).

May 16, 2018 - By Carolyn Hewitt

Air Canada (OTCMKTS:ACDVF) Corporate Logo

JPMorgan Increased Air Canada (ACDVF)’s Stock Rating to “Overweight”.

Equity research analysts at JPMorgan changed to “Overweight” from “Neutral” the ACDVF’s stock rating. On Tuesday, 15 May the upgrade was reported.

Ticker’s shares touched $19.6375 during the last trading session after 2.35% change.Currently Air Canada is after 0.00% change in last May 16, 2017. ACDVF has 651 shares volume. The stock underperformed the S&P 500 by 11.55%.

Air Canada provides domestic, U.S. transborder, and international airline services.The firm is worth $5.36 billion. It offers scheduled passenger services under the Air Canada Express and Air Canada Rouge brand name in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.The P/E ratio is 3.5. As of December 31, 2017, the firm operated a fleet of 175 aircraft under the Air Canada brand name; 49 aircraft under the Air Canada Rouge brand name; and 156 aircraft under the Air Canada Express brand name.

There’s a substantial Air Canada (OTCMKTS:ACDVF) news published by Seekingalpha.com. It’s a report titled: “Air Canada: Is Its Rising Fuel Cost A Concern?” on May 10, 2018.

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