WestJet Airlines (WJA) PT Raised to C$31.00

WestJet Airlines (TSE:WJA) had its target price boosted by Cowen from C$22.00 to C$31.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

A number of other research firms also recently weighed in on WJA. National Bank Financial downgraded WestJet Airlines from a reduce rating to a tender rating and upped their target price for the company from C$22.00 to C$31.00 in a research report on Monday. TD Securities upped their target price on WestJet Airlines from C$19.00 to C$20.00 and gave the company a hold rating in a research report on Wednesday, May 8th. CIBC upped their target price on WestJet Airlines from C$20.00 to C$22.00 in a research report on Wednesday, February 6th. Morgan Stanley reiterated an underweight rating and set a C$18.00 target price on shares of WestJet Airlines in a research report on Friday, April 5th. Finally, Royal Bank of Canada upped their target price on WestJet Airlines from C$19.00 to C$20.00 in a research report on Monday, January 14th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The company has a consensus rating of Hold and an average target price of C$26.33.

TSE:WJA opened at C$30.00 on Tuesday. The firm has a market cap of $2.11 billion and a PE ratio of 33.37. The company has a quick ratio of 0.63, a current ratio of 0.74 and a debt-to-equity ratio of 127.88. WestJet Airlines has a fifty-two week low of C$16.71 and a fifty-two week high of C$30.25.

WestJet Airlines Company Profile

WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company offers scheduled flights, as well as cargo and charter services. It also operates WestJet Vacations that provides air, hotel, car, and excursion packages; WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States; and Swoop, an ultra-low-cost carrier for air transportation.

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Analyst Recommendations for WestJet Airlines (TSE:WJA)

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