WestJet Airlines (WJA) Price Target Raised to C$31.00 at Scotiabank

WestJet Airlines (TSE:WJA) had its target price hoisted by research analysts at Scotiabank from C$29.50 to C$31.00 in a research note issued on Thursday. The firm currently has an “outperform” rating on the stock. Scotiabank’s target price points to a potential upside of 17.42% from the stock’s previous close.

WJA has been the topic of several other reports. Canaccord Genuity raised their price objective on WestJet Airlines from C$27.50 to C$28.00 in a report on Thursday, October 12th. TD Securities dropped their price objective on WestJet Airlines from C$31.00 to C$30.00 and set a “hold” rating on the stock in a report on Wednesday, November 1st. Royal Bank Of Canada raised their price objective on WestJet Airlines from C$28.00 to C$30.00 and gave the company a “sector perform” rating in a report on Thursday. J P Morgan Chase & Co reissued a “neutral” rating and issued a C$27.00 price objective on shares of WestJet Airlines in a report on Monday, November 13th. Finally, National Bank Financial raised their price objective on WestJet Airlines from C$27.00 to C$29.00 and gave the company a “sector perform” rating in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of C$27.38.

Shares of WestJet Airlines (TSE WJA) remained flat at $C$26.40 during mid-day trading on Thursday. 219,555 shares of the company were exchanged, compared to its average volume of 338,211. WestJet Airlines has a 52 week low of C$20.92 and a 52 week high of C$28.00.

In other news, Director Karen Sheriff purchased 4,000 shares of the stock in a transaction dated Thursday, November 2nd. The shares were purchased at an average cost of C$25.55 per share, with a total value of C$102,200.00.

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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)

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