BMO Capital Markets Raises WestJet Airlines (WJA) Price Target to C$31.00

WestJet Airlines (TSE:WJA) had its price objective hoisted by BMO Capital Markets from C$21.00 to C$31.00 in a research report released on Tuesday morning, BayStreet.CA reports.

Several other research analysts have also issued reports on WJA. Royal Bank of Canada increased their target price on WestJet Airlines from C$19.00 to C$20.00 in a research report on Monday, January 14th. TD Securities increased their target price on WestJet Airlines from C$22.00 to C$24.00 and gave the stock a hold rating in a research report on Wednesday, February 6th. National Bank Financial increased their target price on WestJet Airlines from C$17.50 to C$19.50 and gave the stock an underperform rating in a research report on Wednesday, February 6th. CIBC increased their target price on WestJet Airlines from C$20.00 to C$22.00 in a research report on Wednesday, February 6th. Finally, Raymond James reissued a market perform rating and issued a C$20.25 target price on shares of WestJet Airlines in a research report on Wednesday, February 6th. Three research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of C$26.33.

Shares of TSE:WJA opened at C$30.10 on Tuesday. WestJet Airlines has a 52-week low of C$16.71 and a 52-week high of C$30.25. The company has a market capitalization of $2.11 billion and a PE ratio of 33.48. The company has a debt-to-equity ratio of 127.88, a current ratio of 0.74 and a quick ratio of 0.63.



About WestJet Airlines

WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company offers scheduled flights, as well as cargo and charter services. It also operates WestJet Vacations that provides air, hotel, car, and excursion packages; WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States; and Swoop, an ultra-low-cost carrier for air transportation.

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Analyst Recommendations for WestJet Airlines (TSE:WJA)

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