Transat A.T. (TSE:TRZ) Price Target Cut to C$1.75 by Analysts at TD Securities

Transat A.T. (TSE:TRZ) had its target price decreased by stock analysts at TD Securities from C$2.00 to C$1.75 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 14.38% from the stock’s previous close.

Separately, CIBC boosted their price objective on Transat A.T. from C$1.45 to C$1.80 in a report on Friday, December 13th. Three analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. According to data from MarketBeat, Transat A.T. has a consensus rating of “Reduce” and a consensus target price of C$1.71.

Transat A.T. Stock Performance

Shares of Transat A.T. stock opened at C$1.53 on Monday. Transat A.T. has a 52 week low of C$1.45 and a 52 week high of C$4.12. The business’s fifty day simple moving average is C$1.78 and its 200-day simple moving average is C$1.81. The firm has a market cap of C$60.76 million, a PE ratio of -0.52, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60.

About Transat A.T.

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.