WestJet Airlines (TSE:WJA) had its target price increased by Scotiabank from C$29.50 to C$31.00 in a research note issued to investors on Thursday. The brokerage currently has an “outperform” rating on the stock. Scotiabank’s target price would suggest a potential upside of 17.42% from the stock’s previous close.

A number of other research analysts have also recently commented on WJA. Royal Bank Of Canada boosted their price target on WestJet Airlines from C$28.00 to C$30.00 and gave the stock a “sector perform” rating in a report on Thursday. Canaccord Genuity boosted their price target on WestJet Airlines from C$27.50 to C$28.00 in a report 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 on the stock in a report 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 report on Thursday, October 12th. Finally, Beacon Securities cut WestJet Airlines from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of C$27.38.

WestJet Airlines (TSE WJA) remained flat at $C$26.40 during midday trading on Thursday. The company had a trading volume of 219,555 shares, compared to its average volume of 338,211. WestJet Airlines has a fifty-two week low of C$20.92 and a fifty-two week high of C$28.00.

In related news, Director Karen Sheriff bought 4,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were purchased at an average price of C$25.55 per share, with a total value of C$102,200.00.

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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.

Analyst Recommendations for WestJet Airlines (TSE:WJA)

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