Desjardins reaffirmed their hold rating on shares of Transat A.T. (TSE:TRZ) in a research report report published on Friday, Zacks.com reports.

TRZ has been the subject of a number of other research reports. CIBC reiterated an underperform rating and set a C$4.00 price objective on shares of Transat A.T. in a research note on Thursday, April 29th. Scotiabank reduced their price target on shares of Transat A.T. from C$5.50 to C$4.00 in a research report on Monday, April 5th. National Bankshares cut their target price on Transat A.T. from C$3.90 to C$3.50 and set an underperform rating on the stock in a research report on Friday. TD Securities raised Transat A.T. from a tender rating to a reduce rating and cut their price objective for the stock from C$7.50 to C$3.25 in a research report on Tuesday, April 6th. Finally, National Bank Financial cut their price objective on Transat A.T. from C$3.90 to C$3.50 and set an underperform rating on the stock in a research report on Friday. Four research analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. Transat A.T. presently has a consensus rating of Sell and an average price target of C$4.04.

Shares of TRZ stock opened at C$4.72 on Friday. The firm has a market capitalization of C$14.00 million and a price-to-earnings ratio of -0.34. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.77 and a quick ratio of 0.42. The business has a fifty day moving average of C$5.07 and a 200 day moving average of C$5.20. Transat A.T. has a 1 year low of C$3.56 and a 1 year high of C$8.66.

Transat A.T. (TSE:TRZ) last issued its earnings results on Wednesday, March 10th. The company reported C($2.89) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C($3.04) by C$0.15. The firm had revenue of C$41.92 million during the quarter, compared to analysts’ expectations of C$67.20 million. As a group, equities research analysts expect that Transat A.T. will post -4.3800003 earnings per share for the current year.

Transat A.T. Company Profile

Transat A.T. Inc operates as an integrated international tourism company in the Americas and Europe. It develops and markets holiday travel services in packages, including air travel and hotel stays, and air-only formats to 60 destinations in approximately 25 countries. The company also operates as an outgoing tour operator to purchase various components of a trip locally or abroad and sell them separately or in packages to consumers in their local markets, through travel agencies, or through the Web.

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Analyst Recommendations for Transat A.T. (TSE:TRZ)

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