WestJet Airlines Ltd. (TSE:WJA) Director Ron A. Brenneman purchased 5,000 shares of WestJet Airlines stock in a transaction that occurred on Wednesday, June 14th. The stock was purchased at an average cost of C$22.50 per share, for a total transaction of C$112,500.00.
WestJet Airlines Ltd. (TSE WJA) traded up 3.06% during midday trading on Monday, hitting $22.93. The stock had a trading volume of 483,119 shares. The company’s 50 day moving average price is $22.53 and its 200-day moving average price is $22.56. WestJet Airlines Ltd. has a 52-week low of $20.38 and a 52-week high of $24.98. The stock has a market cap of $2.69 billion and a PE ratio of 10.67.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, June 30th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Monday, June 12th.
WJA has been the topic of several recent research reports. Raymond James Financial, Inc. reaffirmed a “market perform” rating and issued a C$24.50 price target on shares of WestJet Airlines in a research note on Monday, April 17th. CIBC reduced their price target on WestJet Airlines from C$25.00 to C$24.00 in a research note on Wednesday, May 3rd. Scotiabank reaffirmed a “sector perform” rating and issued a C$28.00 price target on shares of WestJet Airlines in a research note on Wednesday, May 3rd. TD Securities reaffirmed a “buy” rating and issued a C$28.00 price target (up from C$24.00) on shares of WestJet Airlines in a research note on Wednesday, May 3rd. Finally, Royal Bank Of Canada upped their price target on WestJet Airlines from C$27.00 to C$29.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 3rd. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. WestJet Airlines currently has an average rating of “Hold” and a consensus target price of C$24.29.
WestJet Airlines Company Profile
WestJet Airlines Ltd. is a Canada-based company, which provides airline service and travel packages. The Company operates WestJet Vacations, which provides 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 the United States.
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