Shares of WestJet Airlines Ltd. (TSE:WJA) have been assigned a consensus rating of “Hold” from the sixteen research firms that are covering the firm. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$22.66.
Several brokerages recently issued reports on WJA. TD Securities lifted their price objective on WestJet Airlines from C$27.00 to C$29.00 and gave the stock a “buy” rating in a research report on Wednesday, July 27th. Scotiabank boosted their price target on WestJet Airlines from C$24.00 to C$26.00 and gave the company an “outperform” rating in a report on Wednesday, July 27th. AltaCorp Capital cut their price target on WestJet Airlines from C$23.00 to C$21.00 in a report on Thursday, July 21st. National Bank Financial boosted their price target on WestJet Airlines from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, CSFB reiterated a “neutral” rating on shares of WestJet Airlines in a report on Thursday, September 29th.
Shares of WestJet Airlines (TSE:WJA) opened at 22.62 on Tuesday. The stock has a 50 day moving average price of $23.36 and a 200 day moving average price of $22.32. The firm has a market capitalization of $2.71 billion and a PE ratio of 9.60. WestJet Airlines has a 52 week low of $14.67 and a 52 week high of $25.45.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Shareholders of record on Friday, September 30th were issued a $0.14 dividend. The ex-dividend date was Monday, September 12th. This represents a $0.56 dividend on an annualized basis and a yield of 2.48%.
About WestJet Airlines
WestJet Airlines Ltd. is a Canada-based airline company that offers airline services and vacation packages. The Company operates WestJet Vacations, which provide 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 over one destination in the United States.
Receive News & Ratings for WestJet Airlines Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WestJet Airlines Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.