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

Key Points

• TD assigned Transat A.T. a C$2.00 price target and “hold” rating, implying approximately 6.38% upside from the reported C$1.88 share price.
• Analyst sentiment remains cautious: three analysts rate the stock “hold” and three rate it “sell,” resulting in an average “reduce” rating and an average target price of C$2.11.
• Transat reported a quarterly loss of C$2.18 per share on C$792.72 million in revenue, while analysts expect a full-year loss of C$4.34 per share.

Transat A.T. (TSE:TRZ - Get Free Report) has been given a C$2.00 target price by analysts at TD in a research report issued on Tuesday, BayStreet reports. The firm presently has a "hold" rating on the stock. TD's price objective points to a potential upside of 6.38% from the stock's current price.

TRZ has been the subject of several other research reports. Scotiabank lowered 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 report on Thursday, October 15th. Desjardins decreased their target price on shares of Transat A.T. from C$2.80 to C$2.50 and set a "hold" rating for the company in a research note on Friday, September 11th. Finally, Scotia reduced their price objective on shares of Transat A.T. from C$2.00 to C$1.65 and set a "sector underperform" rating for the company in a research note on Friday, September 11th. Three research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of C$2.11.

Transat A.T. Stock Performance

Shares of Transat A.T. stock traded up C$0.01 during mid-day trading on Tuesday, hitting C$1.88. 6,309 shares of the stock were exchanged, compared to its average volume of 68,693. The company has a 50-day simple moving average of C$2.05 and a 200 day simple moving average of C$2.40. The company has a market capitalization of C$77.46 million, a P/E ratio of -0.33, a P/E/G ratio of -0.04 and a beta of 1.47. 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 debt-to-equity ratio of -180.72, a quick ratio of 0.76 and a current ratio of 0.58.

Transat A.T. (TSE:TRZ - Get Free Report) last released its quarterly earnings data 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 for the quarter. Sell-side analysts anticipate that Transat A.T. will post -4.34 earnings per share for the current fiscal year.

Transat A.T. Company Profile

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.

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