Westjet Airlines Price Target Cut to C$32.00 (WJA)
Investment analysts at TD Securities lowered their price objective on shares of Westjet Airlines (TSE:WJA) from C$33.00 to C$32.00 in a note issued to investors on Wednesday, American Banking News reports. The firm currently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 24.51% from the company’s current price.
Separately, analysts at Raymond James cut their price target on shares of Westjet Airlines from C$31.00 to C$28.00 in a research note to investors on Wednesday. They now have a “market perform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Westjet Airlines has an average rating of “Buy” and a consensus price target of C$29.53.
Shares of Westjet Airlines (TSE:WJA) traded up 0.82% during mid-day trading on Wednesday, hitting $25.91. 580,901 shares of the company’s stock traded hands. Westjet Airlines has a 52 week low of $19.65 and a 52 week high of $28.99. The stock has a 50-day moving average of $26.82 and a 200-day moving average of $25.31. The company has a market cap of $3.357 billion and a price-to-earnings ratio of 12.98.
WestJet Airlines Ltd. (TSE:WJA) provides airline service and travel packages.
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