Air Canada (AC) – Research Analysts’ Recent Ratings Updates

Several analysts have recently updated their ratings and price targets for Air Canada (TSE: AC):

• 5/4/2026 – Air Canada had its price target lowered by JPMorgan Chase & Co. from C$27.00 to C$23.00.
• 5/4/2026 – Air Canada had its price target lowered by Canaccord Genuity Group Inc. from C$21.00 to C$20.00. They now have a “hold” rating on the stock.
• 4/29/2026 – Air Canada had its price target lowered by ATB Cormark Capital Markets from C$33.00 to C$32.00. They now have an “outperform” rating on the stock.
• 4/28/2026 – Air Canada had its price target lowered by Stifel Nicolaus from C$28.00 to C$25.50. They now have a “buy” rating on the stock.
• 4/20/2026 – Air Canada had its price target lowered by TD from C$23.00 to C$21.00.
• 4/13/2026 – Air Canada had its price target lowered by Royal Bank Of Canada from C$25.00 to C$22.00.
• 4/8/2026 – Air Canada had its price target lowered by Canadian Imperial Bank of Commerce from C$25.00 to C$22.00.
• 4/2/2026 – Air Canada had its price target lowered by National Bank Financial from C$25.00 to C$22.00.
• 3/31/2026 – Air Canada had its price target lowered by BMO Capital Markets from C$27.00 to C$26.00.
• 3/31/2026 – Air Canada had its price target raised by Jefferies Financial Group Inc. from C$17.00 to C$19.00.

Air Canada is Canada’s largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.