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

Transat A.T. (TSE:TRZFree Report) had its price target reduced by Desjardins from C$2.25 to C$2.00 in a research note released on Tuesday,BayStreet.CA reports.

TRZ has been the subject of several other reports. CIBC increased their target price on shares of Transat A.T. from C$1.45 to C$1.80 in a research note on Friday, December 13th. TD Securities dropped their price target on Transat A.T. from C$2.00 to C$1.75 and set a “hold” rating on the stock in a report on Monday. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. According to data from MarketBeat.com, Transat A.T. presently has a consensus rating of “Reduce” and a consensus target price of C$1.71.

Read Our Latest Stock Analysis on Transat A.T.

Transat A.T. Trading Down 1.3 %

Shares of Transat A.T. stock opened at C$1.53 on Tuesday. The business has a fifty day simple moving average of C$1.78 and a 200-day simple moving average of C$1.81. Transat A.T. has a fifty-two week low of C$1.45 and a fifty-two week high of C$4.12. The firm has a market cap of C$60.76 million, a price-to-earnings ratio of -0.52, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60.

About Transat A.T.

(Get Free Report)

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.

See Also

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

Receive News & Ratings for Transat A.T. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transat A.T. and related companies with MarketBeat.com's FREE daily email newsletter.