JPMorgan: Air Canada (ACDVF) Hit Overweight From Neutral.

May 16, 2018 - By Michele Cranor

Air Canada (OTCMKTS:ACDVF) Corporate Logo

JPMorgan Upgraded Air Canada (ACDVF)’s Rating to Overweight.

From Neutral to Overweight was changed Air Canada (ACDVF)‘s rating by JPMorgan. The upgrade was published on 15 May.

The stock increased 2.35% or $0.45 during the last trading session, reaching $19.6375.Air Canada has volume of 651 shares. Since May 16, 2017 ACDVF has 0.00% and is . ACDVF underperformed by 11.55% the S&P 500.

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.3.5 is the P/E ratio. 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 an important Air Canada (OTCMKTS:ACDVF) news posted 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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