Shares of WestJet Airlines Ltd. (TSE:WJA) have earned a consensus rating of “Hold” from the thirteen brokerages that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$25.63.

WJA has been the subject of several research analyst reports. National Bank Financial restated an “underperform” rating and issued a C$21.50 price objective on shares of WestJet Airlines in a research note on Thursday, June 29th. BMO Capital Markets restated a “market perform” rating and issued a C$25.00 price objective on shares of WestJet Airlines in a research note on Monday, June 26th. Macquarie downgraded 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. Beacon Securities upgraded shares of WestJet Airlines from a “hold” rating to a “buy” rating and upped their price objective for the company from C$22.50 to C$28.50 in a research note on Thursday, July 13th. Finally, TD Securities upped their price objective on shares of WestJet Airlines from C$29.00 to C$31.00 and gave the company a “hold” rating in a research note on Wednesday, August 2nd.

In related news, insider Marshall Wilmot sold 3,368 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of C$25.33, for a total value of C$85,311.44. Also, insider Gregg Albert Saretsky sold 14,687 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of C$25.99, for a total transaction of C$381,715.13. Insiders have sold 18,355 shares of company stock valued at $474,818 in the last quarter.

WARNING: This news story was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/17/westjet-airlines-ltd-wja-receives-consensus-rating-of-hold-from-analysts.html.

Shares of WestJet Airlines (WJA) traded up 3.60% during mid-day trading on Friday, reaching $27.04. The company’s stock had a trading volume of 1,056,065 shares. The stock has a market capitalization of $3.17 billion and a price-to-earnings ratio of 11.97. WestJet Airlines has a 52 week low of $20.52 and a 52 week high of $27.05. The company’s 50-day moving average is $25.84 and its 200-day moving average is $23.65.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Wednesday, September 13th will be paid a dividend of $0.14 per share. The ex-dividend date is Tuesday, September 12th. This represents a $0.56 annualized dividend and a dividend yield of 2.07%.

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)

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.