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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (62210)	7/12/2019 1:37:45 PM
From: Goose94	Read Replies (1) \| Respond to of 202784

Air Canada (AC-T) benefiting on low Crude Oil prices with new 52 week high, $42.72

To: Goose94 who wrote (62210)	7/24/2019 7:31:30 AM
From: Goose94	Read Replies (2) \| Respond to of 202784

Air Canada (AC-T) Canaccord Genuity analyst Doug Taylor raised his share target for Air Canada to $50 from $45 before what he expects to be a "noisy" second quarter earnings report. Mr. Taylor continues to rate Air Canada "buy." Analysts on average target the shares at $46.50. Mr. Taylor says in a note: "Q2 includes a full quarter impact of the B737 MAX grounding, which is likely to distort unit economics, capacity and load factors. With that said, U.S. comp commentary and Q2 results have been received generally positively by the market. In our view, Air Canada's ability to weather the impact of the B737 MAX has helped provide investors better comfort in the resiliency of its financial model. The play has been, and should continue to be, rewarded through an expanding multiple and further upside if the company can close the Transat transaction on the proposed terms."