WestJet Airlines Ltd (WJA), the Services sector company, was revisited by a Wall Street analyst on February 5. Analyst Chris Murray from AltaCorp Captial reiterated a Hold rating, with a C$23 price target on February 5.
According to TipRanks.com, Murray is ranked #824 out of 5153 analysts.
Read also: Take-Two (TTWO) Stock Is Under the Gun, But Oppenheimer Remains Bullish
The word on The Street in general, suggests a Hold analyst consensus rating for WestJet Airlines Ltd with a C$21.13 average price target, which is a -1.0% downside from current levels. In a report released yesterday, Raymond James also maintained a Hold rating on the stock with a C$20.25 price target.
.
Based on WestJet Airlines Ltd’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of C$29.17 million. In comparison, last year the company had a net profit of C$48.47 million.
WestJet Airlines Ltd. engages in the provision of passenger air transportation services. It offers scheduled flights, vacation packages, travel insurance, and cargo handling. WestJet Airlines was founded by Clive J. Beddoe, Mark Hill, Thomas W. Morgan, and Donald James Bell in 1996 and is headquartered in Calgary, Canada.
The company’s shares closed on Thursday at C$21.35.
