Royal Bank Of Canada Boosts WestJet Airlines (WJA) Price Target to C$30.00
WestJet Airlines (TSE:WJA) had its price target boosted by equities research analysts at Royal Bank Of Canada from C$28.00 to C$30.00 in a note issued to investors on Thursday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 13.64% from the company’s current price.
A number of other equities research analysts have also recently weighed in on WJA. Canaccord Genuity upped their price objective on WestJet Airlines from C$27.50 to C$28.00 in a research note on Thursday, October 12th. TD Securities decreased their price objective on WestJet Airlines from C$31.00 to C$30.00 and set a “hold” rating for the company in a research note on Wednesday, November 1st. National Bank Financial upped their price objective on WestJet Airlines from C$27.00 to C$29.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 12th. Beacon Securities cut WestJet Airlines from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a C$27.00 price objective on shares of WestJet Airlines in a research note on Monday, November 13th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$27.38.
WestJet Airlines (TSE WJA) remained flat at $C$26.40 on Thursday. The company’s stock had a trading volume of 219,555 shares, compared to its average volume of 338,211. WestJet Airlines has a 52-week low of C$20.92 and a 52-week high of C$28.00.
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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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