Canaccord Genuity Sticks to Their Hold Rating for WestJet Airline VV&V

By Ryan Adsit

WestJet Airline VV&V (TSX: WJA), the Services sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. The company received a Hold rating from Canaccord Genuity’s analyst Doug Taylor, with a C$23 price target.

Taylor said:

“WestJet remains HOLD rated on a relative basis with a $23.00 target.”

According to TipRanks.com, Taylor is a 5-star analyst with an average return of 18.1% and a 65.6% success rate. Taylor covers the Technology sector, focusing on stocks such as exactEarth Ltd, Wi-Lan Inc, and Windstream.

WestJet Airline VV&V has an analyst consensus of Hold, with a price target consensus of C$23.71.

The company has a one year high of C$24.98 and a one year low of C$20.38. Currently, WestJet Airline VV&V has an average volume of 338.8K.

WestJet Airlines Ltd. engages in the provision of passenger air transportation services. It offers scheduled flights, vacation packages, travel insurance, and cargo handling. The company 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 last Wednesday at $22.95.