Analysts Cut Air Canada Price Targets: Stifel, Scotia and BMO Lower Forecasts
Stifel, Scotia and BMO lowered their Air Canada share price targets to C$30, C$31 and C$33, according to Dow Jones Newswires.
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what happened
Analysts at Stifel, Scotia and BMO have lowered their price targets for Air Canada shares. The move was reported by Dow Jones Newswires, citing ratings data from Baystreet.
Stifel cut its target from C$32 to C$30 per share, Scotia reduced it from C$33 to C$31, and BMO lowered it from C$35 to C$33. BMO kept its "Outperform" rating, meaning it expects the stock to beat the market.
why it matters
Price target cuts are a routine event, but several major banks lowering their Air Canada forecasts at once signals a shift in sentiment toward the carrier. Such revisions do not change the airline's financial results themselves, yet investors often track them as a gauge of where market expectations are heading.
tags
instruments
sources
- Air Canada Price Target Cut to C$30.00/Share From C$32.00 by Stifel — Dow Jones Newswires, 30 October 2026 at 15:38 UTC
- Air Canada Price Target Cut to C$31.00/Share From C$33.00 by Scotia — Dow Jones Newswires, 30 October 2026 at 15:38 UTC
- Air Canada Price Target Cut to C$33.00/Share From C$35.00 by BMO — Dow Jones Newswires, 30 October 2026 at 15:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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