In a latest note to investors, a research analyst has provided a rating update for the Services sector company, WestJet Airlines Ltd (WJA). Analyst Chris Murray from AltaCorp Captial remains neutral on the stock and has a C$20 price target.
According to TipRanks.com, Murray is ranked #827 out of 5156 analysts.
Currently, the analyst consensus on WestJet Airlines Ltd is a Hold with an average price target of C$19.44.
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 Tuesday at C$20.92.
