WestJet Airlines (TSE:WJA) was upgraded by stock analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a report released on Wednesday. The firm presently has a C$30.00 price target on the stock. National Bank Financial’s price objective suggests a potential upside of 22.50% from the company’s current price.
Other research analysts have also recently issued research reports about the stock. CIBC upped their price target on shares of WestJet Airlines from C$27.00 to C$29.50 in a report on Friday, October 13th. Canaccord Genuity upped their price target on shares of WestJet Airlines from C$27.50 to C$28.00 in a report on Thursday, October 12th. JPMorgan Chase & Co. upped their price target on shares of WestJet Airlines from C$27.00 to C$30.00 in a report on Friday, December 8th. Scotiabank upped their price target on shares of WestJet Airlines from C$28.25 to C$29.50 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Finally, TD Securities reduced their price target on shares of WestJet Airlines from C$31.00 to C$30.00 and set a “hold” rating for the company in a report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. WestJet Airlines currently has an average rating of “Hold” and a consensus price target of C$28.38.
Shares of WestJet Airlines (WJA) traded up C$0.76 during midday trading on Wednesday, reaching C$24.49. 370,937 shares of the company were exchanged, compared to its average volume of 385,929. The firm has a market capitalization of $2,710.00, a PE ratio of 9.90 and a beta of 0.62. WestJet Airlines has a 52-week low of C$21.03 and a 52-week high of C$28.00.
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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