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WestJet Airlines (TSE:WJA) has been given an average recommendation of “Buy” by the ten ratings firms that are currently covering the company, StockRatingsNetwork.com reports. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$32.43.

Shares of WestJet Airlines (TSE:WJA) opened at 28.87 on Tuesday. WestJet Airlines has a one year low of $21.46 and a one year high of $29.11. The stock has a 50-day moving average of $27.59 and a 200-day moving average of $25.5. The company has a market cap of $3.685 billion and a price-to-earnings ratio of 13.54.

WestJet Airlines (TSE:WJA) last released its earnings data on Wednesday, July 30th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. Analysts expect that WestJet Airlines will post $2.28 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Investors of record on Wednesday, September 17th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.66%.

WJA has been the subject of a number of recent research reports. Analysts at TD Securities raised their price target on shares of WestJet Airlines from C$35.00 to C$38.00 in a research note on Wednesday, July 30th. They now have a “buy” rating on the stock. Separately, analysts at Scotiabank raised their price target on shares of WestJet Airlines from C$31.00 to C$33.00 in a research note on Wednesday, July 30th. They now have a “focus stock” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of WestJet Airlines from C$28.00 to C$30.00 in a research note on Wednesday, July 30th. They now have a “sector perform” rating on the stock.

WestJet Airlines Ltd. (TSE:WJA) provides airline service and travel packages with scheduled service to more than 85 destinations in North America, Central America and the Caribbean, and has partnership agreements with over 30 airlines around the world.

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