Transat A.T. (TSE:TRZ) Price Target Cut to C$2.00 by Analysts at TD Securities

Transat A.T. (TSE:TRZ) had its price target dropped by TD Securities from C$2.25 to C$2.00 in a report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the stock. TD Securities’ price target would indicate a potential upside of 14.29% from the company’s previous close.

Separately, CIBC lifted their price objective on shares of Transat A.T. from C$1.45 to C$1.80 in a research note 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 MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of C$1.76.

Transat A.T. Stock Down 1.1 %

Shares of TRZ traded down C$0.02 during mid-day trading on Tuesday, reaching C$1.75. 31,437 shares of the stock traded hands, compared to its average volume of 43,446. The firm has a market cap of C$68.55 million, a price-to-earnings ratio of -0.45, a P/E/G ratio of -0.04 and a beta of 1.50. The stock has a fifty day simple moving average of C$1.87 and a 200 day simple moving average of C$1.87. Transat A.T. has a 12-month low of C$1.68 and a 12-month high of C$4.33. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 16,969.40.

Transat A.T. Company Profile

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.