Transat A.T. (TSE:TRZ) Price Target Raised to C$2.25

Transat A.T. (TSE:TRZ) had its target price hoisted by TD Securities from C$2.00 to C$2.25 in a research note released on Friday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

TRZ has been the subject of a number of other research reports. National Bankshares dropped their target price on Transat A.T. from C$2.25 to C$1.50 and set an “underperform” rating for the company in a report on Friday, September 13th. Scotiabank dropped their price objective on shares of Transat A.T. from C$2.25 to C$1.50 and set an “underperform” rating for the company in a research note on Friday, September 13th. Desjardins decreased their target price on shares of Transat A.T. from C$3.00 to C$2.00 and set a “hold” rating on the stock in a research report on Friday, September 13th. Finally, CIBC dropped their price target on shares of Transat A.T. from C$2.30 to C$1.75 and set an “underperform” rating for the company in a research report on Friday, September 13th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Based on data from MarketBeat, Transat A.T. presently has an average rating of “Reduce” and a consensus target price of C$1.81.

Transat A.T. Price Performance

Transat A.T. stock opened at C$1.95 on Friday. The company has a market capitalization of C$76.38 million, a price-to-earnings ratio of -0.50, a PEG ratio of -0.04 and a beta of 1.50. The stock’s 50 day moving average is C$1.82 and its 200-day moving average is C$2.07. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a 12 month low of C$1.68 and a 12 month high of C$4.33.

Transat A.T. Company Profile

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.