WestJet Airlines’ (WJA) “Neutral” Rating Reiterated at J P Morgan Chase & Co

J P Morgan Chase & Co restated their neutral rating on shares of WestJet Airlines Ltd. (TSE:WJA) in a research report released on Monday. They currently have a C$27.00 price target on the stock.

WJA has been the topic of several other research reports. Scotiabank boosted their target price on shares of WestJet Airlines from C$28.25 to C$29.50 and gave the company an outperform rating in a report on Wednesday, November 1st. Macquarie lowered shares of WestJet Airlines from a neutral rating to an underperform rating and dropped their price objective for the company from C$25.00 to C$24.00 in a report on Monday, July 17th. CIBC boosted their target price on shares of WestJet Airlines from C$27.00 to C$29.50 in a research report on Friday, October 13th. TD Securities boosted their target price on shares of WestJet Airlines from C$29.00 to C$31.00 and gave the stock a hold rating in a research report on Wednesday, August 2nd. Finally, National Bank Financial boosted their target price on shares of WestJet Airlines from C$27.00 to C$29.00 and gave the stock a sector perform rating in a research report on Thursday, October 12th. 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 currently has a consensus rating of Hold and a consensus target price of C$27.08.

Shares of WestJet Airlines (TSE WJA) opened at C$26.12 on Monday. WestJet Airlines has a one year low of C$20.52 and a one year high of C$28.00.

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

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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