FY2018 Earnings Estimate for TRANSAT AT Inc (TRZ) Issued By Cormark
TRANSAT AT Inc (TSE:TRZ) – Equities researchers at Cormark boosted their FY2018 earnings per share (EPS) estimates for shares of TRANSAT AT in a note issued to investors on Thursday. Cormark analyst D. Tyerman now expects that the company will earn $0.62 per share for the year, up from their prior estimate of $0.58.
TRZ has been the subject of a number of other reports. TD Securities cut their price objective on TRANSAT AT from C$10.00 to C$7.00 and set a “hold” rating for the company in a research report on Thursday, July 27th. Laurentian Bank of Canada upgraded TRANSAT AT from a “hold” rating to a “buy” rating and set a C$10.25 target price for the company in a report on Tuesday, August 22nd. CIBC lowered their target price on TRANSAT AT from C$11.00 to C$9.50 in a report on Tuesday, August 22nd. Desjardins upgraded TRANSAT AT from a “hold” rating to a “buy” rating and raised their target price for the company from C$7.50 to C$9.00 in a report on Thursday, July 20th. Finally, Laurentian upgraded TRANSAT AT from a “hold” rating to a “buy” rating and set a C$10.25 target price for the company in a report on Tuesday, August 22nd. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of C$10.31.
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Shares of TRANSAT AT (TRZ) traded down 0.11% on Monday, hitting $8.72. 31,095 shares of the company traded hands. The firm has a market capitalization of $322.51 million and a P/E ratio of 83.85. TRANSAT AT has a 1-year low of $5.03 and a 1-year high of $9.10. The firm’s 50-day moving average is $7.38 and its 200 day moving average is $6.04.
About TRANSAT AT
Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 countries. The company also operates as an outgoing and incoming tour operator by bundling services bought in Canada and abroad, and reselling them in Canada, France, the United Kingdom, and 10 European countries directly or through intermediaries.
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