Transat A.T. Inc. (TSE:TRZ – Get Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$3.00 and traded as low as C$2.23. Transat A.T. shares last traded at C$2.30, with a volume of 104,960 shares trading hands.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. CIBC lowered their target price on shares of Transat A.T. from C$2.70 to C$2.30 and set an “underperform” rating on the stock in a research note on Monday, June 10th. Scotiabank decreased their price objective on shares of Transat A.T. from C$2.50 to C$2.25 and set an “underperform” rating on the stock in a research note on Friday, June 7th. Desjardins decreased their price objective on shares of Transat A.T. from C$4.00 to C$3.00 and set a “hold” rating on the stock in a research note on Tuesday, May 14th. National Bankshares decreased their price objective on shares of Transat A.T. from C$3.00 to C$2.25 and set an “underperform” rating on the stock in a research note on Monday, May 13th. Finally, TD Securities decreased their price objective on shares of Transat A.T. from C$3.75 to C$3.00 and set a “hold” rating on the stock in a research note on Friday, June 7th. Three equities research analysts have rated the stock with a sell rating and two have given 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 an average price target of C$2.56.
View Our Latest Stock Analysis on Transat A.T.
Transat A.T. Trading Up 0.9 %
About Transat A.T.
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.
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