TD Securities Issues Pessimistic Forecast for Transat A.T. (TSE:TRZ) Stock Price

Transat A.T. (TSE:TRZ) had its target price reduced by stock analysts at TD Securities from C$2.00 to C$1.75 in a report issued on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 14.38% from the stock’s current price.

Separately, CIBC increased their target price on shares of Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of C$1.71.

Transat A.T. Trading Up 2.7 %

Shares of TSE TRZ traded up C$0.04 during midday trading on Monday, reaching C$1.53. 34,149 shares of the stock were exchanged, compared to its average volume of 42,286. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81. The company has a 50 day simple moving average of C$1.79 and a 200 day simple moving average of C$1.82. Transat A.T. has a twelve month low of C$1.45 and a twelve month high of C$4.12. The stock has a market capitalization of C$60.76 million, a P/E ratio of -0.52, a PEG ratio of -0.04 and a beta of 1.50.

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.