TD Cuts Transat A.T. (TSE:TRZ) Price Target to C$2.00

Transat A.T. (TSE:TRZ) had its price objective cut by TD from C$2.25 to C$2.00 in a report released on Friday morning,BayStreet reports. They currently have a hold rating on the stock.

Separately, National Bank Financial lowered Transat A.T. from a “sector perform” rating to an “underperform” rating and decreased their price target for the stock from C$3.00 to C$2.25 in a research note on Wednesday, May 27th. Three research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Transat A.T. presently has a consensus rating of “Reduce” and an average price target of C$2.28.

Transat A.T. Price Performance

TRZ stock opened at C$1.89 on Friday. Transat A.T. has a 12 month low of C$1.78 and a 12 month high of C$3.10. The company has a current ratio of 0.58, a quick ratio of 0.76 and a debt-to-equity ratio of -180.72. The company has a 50-day moving average price of C$2.29 and a 200 day moving average price of C$2.45. The stock has a market cap of C$77.87 million, a PE ratio of -0.33, a P/E/G ratio of -0.04 and a beta of 1.49.

Transat A.T. (TSE:TRZ) last announced its quarterly earnings data on Thursday, September 10th. The company reported C($2.18) earnings per share (EPS) for the quarter. The firm had revenue of C$792.72 million during the quarter. Transat A.T. had a positive return on equity of 31.06% and a negative net margin of 6.57%. Equities research analysts anticipate that Transat A.T. will post -4.3400002 earnings per share for the current year.

Key Headlines Impacting Transat A.T.

Here are the key news stories impacting Transat A.T. this week:

• Positive Sentiment: Transat secured an additional C$250 million in emergency federal aid, providing near-term liquidity and support for operations despite its quarterly loss. Transat secures an additional $250M in emergency federal aid, reports Q3 loss
• Neutral Sentiment: Analyst views remain mixed. Desjardins lowered its target to C$2.50 but maintained a “hold” rating, while TD reduced its target to C$2.00 and also kept a “hold” rating. These targets imply potential upside, but the cuts reflect more cautious expectations. Transat analyst price-target updates
• Negative Sentiment: Scotia lowered its price target from C$2.00 to C$1.65 and assigned a “sector underperform” rating, signaling expectations that Transat may lag its industry peers.
• Negative Sentiment: Transat reported a third-quarter loss, with earnings of approximately C$2.18 per share below zero and revenue of about C$792.7 million. Reports attributed the deterioration largely to soaring fuel costs, which threaten airline margins. Transat A.T. Inc. Reports Results for the Third Quarter of Fiscal 2026 Transat reports quarterly loss on soaring fuel costs

About Transat A.T.

Air Transat is a leading travel brand voted 2025 World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards. Its program offers access to international destinations, mainly in Europe, the Caribbean, the east coast of the United States, South America and North Africa. Air Transat is recognized for its excellent customer service. Its fleet includes some of the most energy-efficient aircraft in their category. Based in Montreal with major hubs in YUL Montréal-Trudeau International Airport and Toronto Pearson Airport (YYZ), it has 5,000 employees with a common purpose to bring people closer together.