Transat A.T. (TSE:TRZ) Given a C$2.00 Price Target by TD Analysts

Transat A.T. (TSE:TRZ) has been given a C$2.00 price objective by stock analysts at TD in a report issued on Tuesday, BayStreet reports. The brokerage currently has a “hold” rating on the stock. TD‘s target price suggests a potential upside of 6.38% from the stock’s current price.

Several other research analysts have also recently issued reports on TRZ. Scotiabank reduced their price objective on Transat A.T. from C$1.65 to C$1.25 and set a “sector underperform” rating for the company in a research note on Thursday, October 15th. Scotia cut their price target on shares of Transat A.T. from C$2.00 to C$1.65 and set a “sector underperform” rating on the stock in a report on Friday, September 11th. Finally, Desjardins cut their price target on shares of Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating on the stock in a report on Friday, September 11th. Three investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of C$2.11.

Transat A.T. Stock Up 0.5%

TRZ traded up C$0.01 during trading on Tuesday, hitting C$1.88. The stock had a trading volume of 6,309 shares, compared to its average volume of 68,693. The company has a market capitalization of C$77.46 million, a PE ratio of -0.33, a PEG ratio of -0.04 and a beta of 1.47. Transat A.T. has a twelve month low of C$1.78 and a twelve month high of C$3.10. The company has a debt-to-equity ratio of -180.72, a quick ratio of 0.76 and a current ratio of 0.58. The stock has a 50 day simple moving average of C$2.05 and a two-hundred day simple moving average of C$2.40.

Transat A.T. (TSE:TRZ) last released its quarterly earnings results on Thursday, September 10th. The company reported C($2.18) EPS for the quarter. Transat A.T. had a negative net margin of 6.57% and a positive return on equity of 31.06%. The business had revenue of C$792.72 million during the quarter. On average, research analysts predict that Transat A.T. will post -4.34 earnings per share for the current year.

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.