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CIBC Keeps Their Sell Rating on WestJet Airlines Ltd (WJA)


Yesterday, an analyst has provided a rating update for WestJet Airlines Ltd (WJA). CIBC’s analyst Kevin Chiang reiterates their Sell rating on the shares, with a C$20 price target.

According to TipRanks.com, Chiang is a 5-star analyst with an average return of 10.9% and a 61.3% success rate. Chiang covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Canadian Railway, and Canadian Pacific.

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WestJet Airlines Ltd has an analyst consensus of Hold, with a price target consensus of C$20.19.

The company has a one-year high of C$27.85 and a one-year low of C$16.82. Currently, WestJet Airlines Ltd has an average volume of 462.3K.

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 Wednesday at C$20.55.