WestJet Airlines Ltd. (WJA) Given Consensus Recommendation of “Hold” by Analysts

WestJet Airlines Ltd. (TSE:WJA) has received an average rating of “Hold” from the twelve analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$26.95.

Several brokerages have issued reports on WJA. Beacon Securities upgraded WestJet Airlines from a “hold” rating to a “buy” rating and boosted their target price for the company from C$22.50 to C$28.50 in a research note on Thursday, July 13th. TD Securities boosted their price objective on WestJet Airlines from C$29.00 to C$31.00 and gave the company a “hold” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada boosted their price objective on WestJet Airlines from C$25.00 to C$28.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 2nd. AltaCorp Capital lowered WestJet Airlines from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, August 2nd. Finally, Macquarie lowered WestJet Airlines from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from C$25.00 to C$24.00 in a research note on Monday, July 17th.

Shares of WestJet Airlines (WJA) traded up C$0.04 on Monday, hitting C$25.55. The company’s stock had a trading volume of 146,160 shares.

In other news, insider Gregg Albert Saretsky sold 14,687 shares of the company’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of C$25.99, for a total value of C$381,715.13.

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WestJet Airlines Company Profile

WestJet Airlines Ltd. is a Canada-based company, which provides airline service and travel packages. The Company operates WestJet Vacations, which provides air, hotel, car and excursion packages, and WestJet Encore, which is a regional airline that operates a fleet of turboprop aircraft in a network of destinations in Canada and the United States.

Analyst Recommendations for WestJet Airlines (TSE:WJA)

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