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Air Canada stock has risen by more than 50 per cent in the past five weeks.
Air Canada stock has risen by more than 50 per cent in the past five weeks.
(Fred Lum/The Globe and Mail)

Air Canada shares have yet to reach their cruising altitude: RBC

Inside the Market’s roundup of some of today’s key analyst actions. This post will be updated with more analyst commentary during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Shares in Air Canada have skyrocketed by more than 40 per cent since the airline reported strong second-quarter results in early August, and RBC Dominion Securities thinks they've yet to reach their cruising altitude.