WestJet Airlines Ltd. (TSE:WJA)‘s stock had its “neutral” rating restated by stock analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Monday. They currently have a C$27.00 target price on the stock. J P Morgan Chase & Co’s price target points to a potential upside of 4.98% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Scotiabank lifted their price objective on shares of WestJet Airlines from C$28.25 to C$29.50 and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Macquarie cut shares of WestJet Airlines from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from C$25.00 to C$24.00 in a research note on Monday, July 17th. CIBC lifted their price objective on shares of WestJet Airlines from C$27.00 to C$29.50 in a research note on Friday, October 13th. AltaCorp Capital cut shares of WestJet Airlines from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, August 2nd. Finally, Canaccord Genuity lifted their price objective on shares of WestJet Airlines from C$27.50 to C$28.00 in a research note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$27.08.

WestJet Airlines (TSE WJA) opened at C$25.72 on Monday. WestJet Airlines has a fifty-two week low of C$20.52 and a fifty-two week high of C$28.00.

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In other WestJet Airlines news, Director Karen Sheriff purchased 4,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were bought at an average price of C$25.55 per share, for a total transaction of C$102,200.00. Also, insider Gregg Albert Saretsky sold 14,687 shares of WestJet Airlines stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of C$25.99, for a total transaction of C$381,715.13.

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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