WestJet Airlines (TSE:WJA) had its price objective upped by CIBC from C$16.00 to C$20.00 in a report published on Wednesday morning. They currently have an average rating on the stock.

A number of other brokerages have also weighed in on WJA. Cowen boosted their price objective on shares of WestJet Airlines from C$20.00 to C$22.00 in a report on Monday. Cormark boosted their price objective on shares of WestJet Airlines from C$22.00 to C$28.00 in a report on Tuesday, October 2nd. National Bank Financial boosted their price objective on shares of WestJet Airlines from C$17.00 to C$18.50 and gave the stock an underperform rating in a report on Wednesday, October 31st. 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 report on Wednesday, October 31st. Finally, TD Securities boosted their price objective on shares of WestJet Airlines from C$18.00 to C$19.00 and gave the stock a hold rating in a report on Wednesday, October 31st. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. WestJet Airlines has an average rating of Hold and a consensus target price of C$20.41.

WJA stock opened at C$20.54 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. 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 released its quarterly earnings results on Tuesday, October 30th. The company reported C$0.40 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.35 by C$0.05. The company had revenue of C$1.26 billion during the quarter, compared to analysts’ expectations of C$1.27 billion. Equities research analysts predict that WestJet Airlines will post 1.23759812288611 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Wednesday, December 12th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, December 11th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.73%. WestJet Airlines’s payout ratio is 56.00%.

In other WestJet Airlines news, Director Colleen Johnston acquired 30,000 shares of the stock in a transaction dated Friday, November 2nd. The stock was purchased at an average cost of C$18.75 per share, for a total transaction of C$562,500.00.

WestJet Airlines Company Profile

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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Analyst Recommendations for WestJet Airlines (TSE:WJA)

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