WestJet Airlines’ (WJA) “Neutral” Rating Reaffirmed at Credit Suisse Group AG
Credit Suisse Group AG restated their neutral rating on shares of WestJet Airlines Ltd. (TSE:WJA) in a report released on Thursday morning. The firm currently has a C$25.00 price objective on the stock, up from their prior price objective of C$23.10.
A number of other research analysts have also recently commented on WJA. TD Securities reissued a buy rating and issued a C$28.00 price target on shares of WestJet Airlines in a report on Monday, June 13th. Canaccord Genuity initiated coverage on WestJet Airlines in a report on Tuesday, June 28th. They issued a hold rating and a C$21.00 price target on the stock. Beacon Securities raised WestJet Airlines from a hold rating to a buy rating in a report on Monday, July 11th. National Bank Financial boosted their price target on WestJet Airlines from C$23.00 to C$24.00 in a report on Tuesday, July 19th. Finally, AltaCorp Capital lowered their price target on WestJet Airlines from C$23.00 to C$21.00 in a report on Thursday, July 21st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of C$22.52.
WestJet Airlines (TSE:WJA) traded up 0.09% during mid-day trading on Thursday, hitting $23.25. The stock had a trading volume of 187,951 shares. The firm’s 50-day moving average is $23.94 and its 200 day moving average is $22.15. WestJet Airlines has a one year low of $14.67 and a one year high of $25.77. The stock has a market cap of $2.79 billion and a PE ratio of 9.86.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 30th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Monday, September 12th.
WestJet Airlines Company Profile
WestJet Airlines Ltd. is a Canada-based airline company that offers airline services and vacation packages. The Company operates WestJet Vacations, which provide 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 over one destination in the United States.
Receive News & Stock 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 stocks with our FREE daily email newsletter.