WestJet Airlines (TSE:WJA) had its price objective upped by Canaccord Genuity from C$20.00 to C$21.00 in a research report released on Wednesday morning.

Other research analysts have also issued research reports about the stock. CIBC raised their price objective on shares of WestJet Airlines from C$16.00 to C$20.00 and gave the company an average rating in a research note on Wednesday. BMO Capital Markets lowered their price objective 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. National Bank Financial raised their price objective on shares of WestJet Airlines from C$17.00 to C$18.50 and gave the company an underperform rating in a research note on Wednesday, October 31st. TD Securities raised their price objective on shares of WestJet Airlines from C$18.00 to C$19.00 and gave the company a hold rating in a research note on Wednesday, October 31st. Finally, Cormark raised their price objective on shares of WestJet Airlines from C$22.00 to C$28.00 in a research note on Tuesday, October 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of C$20.64.

TSE WJA opened at C$19.79 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.65 and a debt-to-equity ratio of 87.39. WestJet Airlines has a one year low of C$16.82 and a one year high of C$27.85.

WestJet Airlines (TSE:WJA) last posted its quarterly earnings data on Tuesday, October 30th. The company reported C$0.40 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.35 by C$0.05. The business had revenue of C$1.26 billion during the quarter, compared to analysts’ expectations of C$1.27 billion. As a group, equities analysts predict that WestJet Airlines will post 1.33999997426983 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Wednesday, December 12th will be paid a $0.14 dividend. The ex-dividend date is Tuesday, December 11th. This represents a $0.56 dividend on an annualized basis and a yield of 2.83%. WestJet Airlines’s dividend payout ratio is currently 56.00%.

In other news, Director Colleen Johnston purchased 30,000 shares of the firm’s stock in a transaction that occurred on Friday, November 2nd. The stock was bought at an average price of C$18.75 per share, for a total transaction of C$562,500.00.

About WestJet Airlines

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.

Read More: What are the reasons investors use put options?

Analyst Recommendations for WestJet Airlines (TSE:WJA)

Receive News & Ratings for WestJet Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WestJet Airlines and related companies with MarketBeat.com's FREE daily email newsletter.