WestJet Airlines Ltd. (WJA) Given Average Rating of “Hold” by Analysts

WestJet Airlines Ltd. (TSE:WJA) has earned a consensus recommendation of “Hold” from the twelve research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$28.90.

Several research firms have recently commented on WJA. Beacon Securities downgraded shares of WestJet Airlines from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. CIBC boosted their price objective on shares of WestJet Airlines from C$29.00 to C$30.00 in a research report on Thursday, January 4th. National Bank Financial boosted their price objective on shares of WestJet Airlines from C$29.00 to C$30.00 and gave the company a “sector perform” rating in a research report on Monday, January 15th. Scotiabank upped their price target on shares of WestJet Airlines from C$29.50 to C$31.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Finally, Raymond James Financial upgraded shares of WestJet Airlines from a “market perform” rating to an “outperform” rating and upped their price target for the stock from C$28.00 to C$31.00 in a report on Friday, January 12th.

WestJet Airlines (TSE WJA) traded down C$0.09 during mid-day trading on Wednesday, hitting C$24.42. 96,339 shares of the stock traded hands, compared to its average volume of 378,568. WestJet Airlines has a 1 year low of C$21.53 and a 1 year high of C$28.00. The stock has a market capitalization of $2,800.00, a P/E ratio of 10.09 and a beta of 0.62.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Wednesday, March 14th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Tuesday, March 13th. WestJet Airlines’s payout ratio is 23.14%.

COPYRIGHT VIOLATION NOTICE: “WestJet Airlines Ltd. (WJA) Given Average Rating of “Hold” by Analysts” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2018/02/14/westjet-airlines-ltd-wja-given-average-rating-of-hold-by-analysts.html.

WestJet Airlines Company Profile

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)

Receive News & Ratings for WestJet Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WestJet Airlines and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply