What exactly did Jefferies change for Air Canada on February 15, 2026?

Jefferies maintained its **Hold** rating on Air Canada and raised the price target from **C$18** to **C$22** on **February 15, 2026**. The update left the analyst view neutral while reflecting slightly better valuation or outlook assumptions in the new target.

How should I interpret the ACDVF analyst rating when deciding to buy or sell?

A maintained Hold in the ACDVF analyst rating signals a neutral stance. It suggests monitoring company performance and waiting for clearer catalysts, such as earnings or capacity guidance, before making material portfolio moves.

Does the price target change mean Air Canada stock will rise to C$22?

A price target is an analyst’s estimate, not a guarantee. The ACDVF analyst rating update to **C$22** reflects Jefferies’ view, but share prices can diverge due to market sentiment, macro risks, and operational results.

Where can I read the analyst note and related company filings?

The Jefferies note was reported by The Fly on **February 15, 2026**. For company context, see the Air Canada Q4 2025 earnings call transcript on Seeking Alpha. Links are provided in the article for those sources.

Analyst Ratings

Jefferies Maintains Hold on Air Canada (ACDVF) Feb 2026, PT C$22

ByDanny Kontos February 17, 2026

Jefferies maintained a Hold rating on Air Canada (ACDVF) on February 15, 2026, while raising its price target to C$22 from C$18. The move leaves the firm’s recommendation unchanged but signals a slightly more constructive valuation view. The ACDVF analyst rating update was reported by The Fly and did not show an immediate market price change on the entry record. Investors should weigh the maintained Hold against the raised price target and recent company results.