J P Morgan Chase & Co Raises WestJet Airlines (WJA) Price Target to C$30.00
WJA has been the topic of a number of other research reports. Scotiabank increased their target price on WestJet Airlines from C$28.25 to C$29.50 and gave the company an outperform rating in a report on Wednesday, November 1st. CIBC increased their target price on WestJet Airlines from C$27.00 to C$29.50 in a report on Friday, October 13th. Canaccord Genuity increased their target price on WestJet Airlines from C$27.50 to C$28.00 in a report on Thursday, October 12th. Royal Bank of Canada increased their target price on WestJet Airlines from C$28.00 to C$30.00 and gave the company a sector perform rating in a report on Thursday, December 7th. Finally, Beacon Securities cut WestJet Airlines from a buy rating to a hold rating in a report on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of C$27.63.
WestJet Airlines (TSE WJA) opened at C$27.22 on Friday. WestJet Airlines has a one year low of C$21.03 and a one year high of C$28.00.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Tuesday, December 12th. WestJet Airlines’s dividend payout ratio (DPR) is 22.67%.
In other WestJet Airlines news, Director Karen Sheriff acquired 4,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The shares were acquired at an average price of C$25.55 per share, for a total transaction 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.
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