Analysts Set Transat A.T. Inc. (TSE:TRZ) Price Target at C$3.27

Shares of Transat A.T. Inc. (TSE:TRZ) have earned an average recommendation of “Reduce” from the six research firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$3.27.

A number of research analysts have commented on TRZ shares. CIBC upped their price objective on Transat A.T. from C$2.25 to C$2.60 and gave the company an “underperform” rating in a report on Thursday, September 4th. Desjardins reduced their target price on shares of Transat A.T. from C$3.25 to C$3.00 and set a “hold” rating for the company in a research report on Friday, September 12th. Scotiabank upped their price target on shares of Transat A.T. from C$2.00 to C$2.25 and gave the company an “underperform” rating in a research note on Friday, September 12th. National Bankshares upgraded shares of Transat A.T. from an “underperform” rating to a “sector perform” rating and lifted their price objective for the stock from C$2.25 to C$3.00 in a research note on Wednesday, September 3rd. Finally, National Bank Financial raised shares of Transat A.T. from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 2nd.

Transat A.T. Price Performance

Transat A.T. stock opened at C$2.12 on Tuesday. The company has a market capitalization of C$85.47 million, a price-to-earnings ratio of 0.29, a PEG ratio of -0.04 and a beta of 1.22. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60. Transat A.T. has a 12 month low of C$1.41 and a 12 month high of C$3.25. The stock’s 50 day moving average is C$2.41 and its 200-day moving average is C$2.42.

Transat A.T. Company Profile

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company’s core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.