Transat A.T. Inc. (TSE:TRZ) Receives C$3.27 Consensus PT from Brokerages

Shares of Transat A.T. Inc. (TSE:TRZ) have been assigned a consensus recommendation of “Reduce” from the six research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$3.27.

Several research analysts recently issued reports on TRZ shares. Desjardins reduced their target price on Transat A.T. from C$3.25 to C$3.00 and set a “hold” rating on the stock in a research report on Friday, September 12th. CIBC upped their price objective on shares of 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. 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 upped their price target for the company from C$2.25 to C$3.00 in a research note on Wednesday, September 3rd. Finally, National Bank Financial upgraded shares of Transat A.T. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 2nd.

Transat A.T. Stock Performance

Shares of TRZ stock opened at C$2.22 on Friday. The business’s fifty day simple moving average is C$2.66 and its 200-day simple moving average is C$2.34. The company has a market cap of C$89.51 million, a PE ratio of 0.30, a PEG ratio of -0.04 and a beta of 1.09. 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.

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.