WestJet Airlines (WJA) Lifted to Sector Perform at AltaCorp Capital

AltaCorp Capital upgraded shares of WestJet Airlines (TSE:WJA) from an underperform rating to a sector perform rating in a research report sent to investors on Wednesday.

WJA has been the subject of a number of other research reports. Scotiabank boosted their target price on 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. CIBC boosted their target price on WestJet Airlines from C$29.00 to C$30.00 in a research note on Thursday, January 4th. JPMorgan Chase & Co. reissued a neutral rating and issued a C$27.00 target price on shares of WestJet Airlines in a research note on Monday, November 13th. Raymond James Financial raised WestJet Airlines from a market perform rating to an outperform rating and boosted their target price for the company from C$28.00 to C$31.00 in a research note on Friday, January 12th. Finally, Canaccord Genuity boosted their target price on WestJet Airlines from C$27.50 to C$28.00 in a research note on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of C$28.38.

Shares of WestJet Airlines (WJA) opened at C$24.46 on Wednesday. WestJet Airlines has a 52 week low of C$21.03 and a 52 week high of C$28.00. The firm has a market capitalization of $2,790.00, a PE ratio of 9.90 and a beta of 0.62.

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About WestJet Airlines

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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