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

Transat A.T. (TSE:TRZ) had its price objective dropped by analysts at TD Securities from C$2.25 to C$2.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ target price points to a potential upside of 12.99% from the company’s current price.

Separately, CIBC boosted their price target on shares of Transat A.T. from C$1.45 to C$1.80 in a research note on Friday, December 13th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Transat A.T. presently has a consensus rating of “Reduce” and an average target price of C$1.76.

Transat A.T. Price Performance

Shares of TRZ stock opened at C$1.77 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a 12 month low of C$1.68 and a 12 month high of C$4.33. The firm has a market cap of C$69.33 million, a price-to-earnings ratio of -0.45, a PEG ratio of -0.04 and a beta of 1.50. The stock has a 50-day moving average price of C$1.86 and a 200 day moving average price of C$1.86.

Transat A.T. Company Profile

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.