WestJet Airlines (TSE:WJA) had its price target raised by National Bank Financial from C$17.50 to C$19.50 in a research report issued on Wednesday. The firm currently has an “underperform” rating on the stock. National Bank Financial’s target price points to a potential downside of 8.67% from the stock’s current price. National Bank Financial also issued estimates for WestJet Airlines’ FY2020 earnings at $2.17 EPS.
WJA has been the subject of a number of other reports. JPMorgan Chase & Co. boosted their price target on shares of WestJet Airlines from C$17.00 to C$18.00 in a research note on Friday, November 2nd. TD Securities upped their target price on shares of WestJet Airlines from C$22.00 to C$24.00 and gave the company a “hold” rating in a research note on Wednesday. AltaCorp Capital raised shares of WestJet Airlines from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, December 5th. BMO Capital Markets lowered their target price on shares of WestJet Airlines from C$20.00 to C$19.00 and set a “market perform” rating for the company in a research note on Wednesday, October 31st. Finally, Raymond James reaffirmed a “market perform” rating and issued a C$18.50 target price on shares of WestJet Airlines in a research note on Friday, December 7th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of C$21.61.
WJA opened at C$21.35 on Wednesday. The company has a quick ratio of 0.65, a current ratio of 0.78 and a debt-to-equity ratio of 87.39. The company has a market cap of $2.38 billion and a P/E ratio of 21.35. WestJet Airlines has a fifty-two week low of C$16.71 and a fifty-two week high of C$26.72.
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, as well as WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States.
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