WestJet Airlines (WJA) Upgraded by AltaCorp Capital to Sector Perform

WestJet Airlines (TSE:WJA) was upgraded by research analysts at AltaCorp Capital from an “underperform” rating to a “sector perform” rating in a research note issued on Wednesday.

Several other research firms also recently issued reports on WJA. CIBC upped their price target on WestJet Airlines from C$27.00 to C$29.50 in a research note on Friday, October 13th. Canaccord Genuity upped their price target on WestJet Airlines from C$27.50 to C$28.00 in a research note on Thursday, October 12th. National Bank Financial upped their price target 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. JPMorgan Chase & Co. upped their price target on WestJet Airlines from C$27.00 to C$30.00 in a research note on Friday, December 8th. Finally, Scotiabank upped their price target on WestJet Airlines from C$28.25 to C$29.50 and gave the stock an “outperform” rating in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$28.86.

WestJet Airlines (WJA) traded down C$0.10 on Wednesday, hitting C$23.99. The stock had a trading volume of 452,100 shares, compared to its average volume of 386,616. The company has a market cap of $2,740.00, a P/E ratio of 9.91 and a beta of 0.62. WestJet Airlines has a 52 week low of C$21.22 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.

Analyst Recommendations for WestJet Airlines (TSE:WJA)

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