WestJet Airlines Ltd. (WJA) Rating Reiterated by J P Morgan Chase & Co
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.
TRADEMARK VIOLATION NOTICE: This piece was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The legal version of this piece can be accessed at https://www.watchlistnews.com/westjet-airlines-ltd-wja-rating-reiterated-by-j-p-morgan-chase-co/1703563.html.
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.
Receive News & Ratings for WestJet Airlines Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WestJet Airlines Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.