WestJet Airlines Ltd. Forecasted to Post Q4 2017 Earnings of $0.49 Per Share (WJA)
WestJet Airlines Ltd. (TSE:WJA) – Research analysts at Beacon Securities issued their Q4 2017 earnings per share estimates for shares of WestJet Airlines in a research report issued to clients and investors on Tuesday. Beacon Securities analyst A. Shaath expects that the company will post earnings per share of $0.49 for the quarter. Beacon Securities has a “Hold” rating on the stock. Beacon Securities also issued estimates for WestJet Airlines’ FY2018 earnings at $3.11 EPS.
Several other brokerages also recently weighed in on WJA. Canaccord Genuity lifted their target price on WestJet Airlines from C$27.50 to C$28.00 in a research note on Thursday, October 12th. TD Securities lowered their target price on WestJet Airlines from C$31.00 to C$30.00 and set a “hold” rating on the stock in a research note on Wednesday. National Bank Financial lifted their target price on WestJet Airlines from C$27.00 to C$29.00 and gave the company a “sector perform” rating in a research note on Thursday, October 12th. Scotiabank lifted their target price on WestJet Airlines from C$26.00 to C$27.50 and gave the company an “outperform” rating in a research note on Wednesday, August 2nd. Finally, CIBC lifted their target price on WestJet Airlines from C$27.00 to C$29.50 in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$26.58.
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In other news, insider Gregg Albert Saretsky sold 14,687 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of C$25.99, for a total value of C$381,715.13.
About WestJet Airlines
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.
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