WestJet Airlines Ltd (WJA) was Upgraded to a Hold Rating at AltaCorp Captial
WestJet Airlines Ltd (WJA), the Services sector company, has received a rating update from a Wall Street analyst today. Analyst Chris Murray from AltaCorp Captial rated WestJet Airlines Ltd (WJA) a Hold, setting a C$19 price target.
Murray has an average return of 0.4% when recommending WestJet Airlines Ltd.
According to TipRanks.com, Murray is ranked #717 out of 5124 analysts.
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WestJet Airlines Ltd has an analyst consensus of Hold, with a price target consensus of C$20.25, representing a -1.2% downside. In a report issued on December 3, Cowen & Co. also reiterated a Hold rating on the stock with a C$22 price target.
WestJet Airlines Ltd’s market cap is currently C$2.3B and has a P/E ratio of 20. The company has a Price to Book ratio of 1.
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$20.50.