WestJet Airlines Ltd. Can’t Burn Your Short Portfolio. Has Another Weak Session

 WestJet Airlines Ltd. Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of WestJet Airlines Ltd. (TSE:WJA) is a huge mover today! About 152,335 shares traded hands. WestJet Airlines Ltd. (TSE:WJA) has risen 0.62% since April 27, 2016 and is uptrending. It has underperformed by 5.30% the S&P500.
The move comes after 5 months negative chart setup for the $2.43B company. It was reported on Dec, 1 by Barchart.com. We have $19.03 PT which if reached, will make TSE:WJA worth $194.40M less.

WestJet Airlines Ltd. (TSE:WJA) Ratings Coverage

Out of 10 analysts covering Westjet Airlines Ltd. (TSE:WJA), 7 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 70% are positive. $36.50 is the highest target while $17.50 is the lowest. The $25.64 average target is 23.98% above today’s ($20.68) stock price. Westjet Airlines Ltd. has been the topic of 31 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Scotia Capital maintained WestJet Airlines Ltd. (TSE:WJA) rating on Friday, September 4. Scotia Capital has “Outperform” rating and $32.50 price target. The firm has “Sector Perform” rating given on Wednesday, November 4 by RBC Capital Markets. The firm has “Sector Outperform” rating by Scotia Capital given on Wednesday, July 29. The firm earned “Outperform” rating on Wednesday, November 2 by RBC Capital Markets. The rating was downgraded by TD Securities on Wednesday, November 2 to “Hold”. On Friday, January 29 the stock rating was downgraded by Bank of America to “Underperform”. Canaccord Genuity initiated the shares of WJA in a report on Tuesday, June 28 with “Hold” rating. The stock has “Outperform” rating given by Macquarie Research on Friday, July 22.

More notable recent WestJet Airlines Ltd. (TSE:WJA) news were published by: Business.Financialpost.com which released: “WestJet pilots reject deal that would introduce more long-haul flights, higher …” on November 21, 2016, also Seekingalpha.com with their article: “WestJet Airlines Ltd.: Flying High” published on November 02, 2016, Fool.ca published: “Why Warren Buffett Should Invest in WestJet Airlines Ltd. Next” on November 17, 2016. More interesting news about WestJet Airlines Ltd. (TSE:WJA) were released by: Business.Financialpost.com and their article: “WestJet Airlines Ltd bruised by ‘sudden, deep’ slowdown in Alberta as it …” published on February 02, 2016 as well as Fool.ca‘s news article titled: “Why WestJet Airlines Ltd. Continues to Soar … for Now” with publication date: November 15, 2016.

WestJet Airlines Ltd. is a Canada-based airline firm that offers airline services and vacation packages. The company has a market cap of $2.43 billion. The Firm operates WestJet Vacations, which provide air, hotel, car and excursion packages, and WestJet Encore, which is a regional airline that operates a fleet of turboprop aircraft in a network of destinations in Canada and over one destination in the United States. It has a 8.24 P/E ratio. The Company’s airline offers scheduled service to over 100 destinations in North America, Central America, the Caribbean and Europe with its fleet of approximately 110 Boeing 737 Next Generation aircraft, over 20 Bombardier Q400 aircraft and approximately two wide-body Boeing 767-300ERW aircraft.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment