Today, an analyst has provided a rating update for the Services sector company, WestJet Airlines Ltd (WJA). Analyst Ben Cherniavsky from Raymond James reiterated a Hold rating, with a C$20.25 price target.
According to TipRanks.com, Cherniavsky is ranked #616 out of 5162 analysts.
Currently, the analyst consensus on WestJet Airlines Ltd is a Hold with an average price target of C$20.63, implying a -4.3% 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.
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Based on WestJet Airlines Ltd’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of C$45.86 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 Wednesday at C$21.55.
