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Company News

BUZZ-WestJet Airlines Ltd: TD Securities cuts PT

** Canadian airliner’s shares down 6 pct at $25.33, hits 3-month low

** Company reports Q3 EPS of C$1.18 vs est C$1.14

** Raymond James says recent profit growth is uninspiring, cuts 2017 EPS estimate to C$2.42 from C$2.67

** TD Securities cuts PT to C$30 from C$31, says EPS forecasts will be lower due to higher CASM in 2018

** 2 of 17 brokerages rate the stock “buy” or higher, 12 “hold” and 3 “sell” or lower; Median PT $28

** Pilots from WestJet's regional service, Encore, following mainline pilots in joining Air Line Pilots Association International - ALPA (bit.ly/2iTixRM)

** Up to Tuesday’s close, stock had risen 17 pct this year (Reporting by Karan Nagarkatti)

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