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Investment Q&A

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Air Canada Voting and Variable Voting Shares (AC)
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Q: Why the drop today and what's your view on future share price? Any targets?

Asked by adam on December 17, 2024

5i Research Answer:

AC issued its 2025 targets and guidance, and 2025's forecast was slightly below analysts' estimates, but also less robust than airline peers. The stock sold off on this news, and also likely some profit-taking. Analysts have a $26.73 target on average. We might suggest $25.

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