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parnel

Ac going to the stratosphere?

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http://www.theglobeandmail.com/globe-investor/investment-ideas/airline-stocks-may-have-further-to-climb/article15472165/#dashboard/follows/

Both analysts have “outperform” ratings, with $8 and $7.50 target prices, respectively. Mr. Spracklin, who covers companies across the transportation industry, says Air Canada has “the most significant upside return potential in our coverage universe.”

WestJet, by contrast, is being punished for its consistency. Its long-term track record of operational success means there’s no share-rocketing “comeback” story to be told about the airline. While WestJet trades at a discount to most U.S. discount airlines, its earnings multiples are significantly above Air Canada’s.

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