Air Canada (TSE:AC.B)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$27.97 and last traded at C$27.80, with a volume of shares traded.
Separately, Cowen and Company raised Air Canada from a “market perform” rating to an “outperform” rating in a research note on Wednesday, September 20th.
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About Air Canada
Air Canada is a domestic, United States transborder and international airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States transborder market and in the international market to and from Canada. Its mainline operates a fleet of approximately 170 aircraft, including Airbus narrow-body aircraft, over 70 Boeing and Airbus wide-body aircraft, and approximately Embraer 190 regional jets.
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