Shares of WestJet Airlines Ltd. (TSE:WJA) have earned an average rating of “Hold” from the fourteen ratings firms that are currently covering the stock. Eight research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$23.42.
WJA has been the subject of several analyst reports. Scotiabank restated an “outperform” rating and issued a C$25.00 target price on shares of WestJet Airlines in a research report on Wednesday, January 11th. Raymond James Financial, Inc. set a C$24.50 target price on shares of WestJet Airlines and gave the company a “market perform” rating in a research report on Wednesday, February 8th. CIBC dropped their target price on shares of WestJet Airlines from C$26.50 to C$25.00 in a research report on Wednesday, February 8th. Cowen and Company boosted their target price on shares of WestJet Airlines from C$22.00 to C$23.00 in a research report on Wednesday, February 8th. Finally, Royal Bank of Canada dropped their target price on shares of WestJet Airlines from C$24.00 to C$23.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 8th.
COPYRIGHT VIOLATION WARNING: This article was first published by Markets Daily and is the sole property of of Markets Daily. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.themarketsdaily.com/2017/04/22/westjet-airlines-ltd-wja-receives-c23-42-consensus-pt-from-brokerages.html.
Shares of WestJet Airlines (TSE:WJA) traded down 1.79% on Tuesday, hitting $22.50. 697,364 shares of the stock were exchanged. WestJet Airlines has a one year low of $19.63 and a one year high of $24.98. The firm has a market capitalization of $2.64 billion and a PE ratio of 9.18. The company has a 50-day moving average price of $22.58 and a 200-day moving average price of $22.37.
The business also recently declared a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Friday, March 31st were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.49%. The ex-dividend date was Monday, March 13th.
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.
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.