Transat A.T. Inc. (TSE:TRZ) Receives C$2.86 Consensus Target Price from Analysts

Shares of Transat A.T. Inc. (TSE:TRZ) have received a consensus recommendation of “Reduce” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$3.02.

TRZ has been the subject of a number of analyst reports. National Bankshares raised shares of Transat A.T. from an “underperform” rating to a “sector perform” rating and raised their target price for the company from C$2.25 to C$3.00 in a research report on Wednesday, September 3rd. Scotiabank raised their target price on shares of Transat A.T. from C$1.75 to C$2.00 and gave the company an “underperform” rating in a research report on Friday, June 13th. National Bank Financial raised shares of Transat A.T. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 2nd. CIBC raised their target price on shares of Transat A.T. from C$2.25 to C$2.60 and gave the company an “underperform” rating in a research report on Thursday, September 4th. Finally, TD Securities raised their target price on shares of Transat A.T. from C$4.75 to C$5.50 and gave the company a “buy” rating in a research report on Monday, June 16th.

Transat A.T. Trading Down 0.9%

Shares of TSE:TRZ opened at C$3.22 on Thursday. Transat A.T. has a 12 month low of C$1.41 and a 12 month high of C$3.25. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60. The company’s fifty day simple moving average is C$2.72 and its 200 day simple moving average is C$2.12. The firm has a market cap of C$129.22 million, a price-to-earnings ratio of -0.89, a PEG ratio of -0.04 and a beta of 1.22.

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.