Cowen & Co. Keeps a Hold Rating on WestJet Airlines Ltd (WJA)


WestJet Airlines Ltd (WJA), the Services sector company, has received a rating update from a Wall Street analyst yesterday. The company received a Hold rating from Cowen & Co.’s analyst Helane Becker, with a C$23 price target.

According to TipRanks.com, Becker is a top 25 analyst with an average return of 20.4% and a 72.8% success rate. Becker covers the Services sector, focusing on stocks such as Allegiant Travel Company, WestJet Airlines Ltd, and Southwest Airlines.

The word on The Street in general, suggests a Hold analyst consensus rating for WestJet Airlines Ltd with a C$20.45 average price target, which is a -3.9% downside from current levels. In a report issued on February 3, AltaCorp Captial also reiterated a Hold rating on the stock with a C$20 price target.

.

The company has a one-year high of C$26.72 and a one-year low of C$16.71. Currently, WestJet Airlines Ltd has an average volume of 424.7K.

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$21.29.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts