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

Transat A.T. (TSE:TRZ - Get Free Report) had its target price lifted by equities research analysts at Scotiabank from C$1.75 to C$2.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage presently has an "underperform" rating on the stock. Scotiabank's target price points to a potential downside of 16.67% from the company's current price. Scotiabank also issued estimates for Transat A.T.'s FY2025 earnings at ($3.83) EPS and FY2026 earnings at ($1.43) EPS.

TRZ has been the subject of a number of other research reports. National Bankshares increased their price objective on shares of Transat A.T. from C$1.50 to C$1.75 and gave the company an "underperform" rating in a research note on Friday, June 6th. TD Securities upgraded shares of Transat A.T. from a "hold" rating to a "strong-buy" rating and raised their target price for the stock from C$1.75 to C$4.75 in a report on Friday, June 6th. Finally, Desjardins dropped their target price on Transat A.T. from C$2.25 to C$2.00 in a report on Tuesday, March 18th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of C$2.46.

Transat A.T. Trading Down 3.2%

Shares of Transat A.T. stock traded down C$0.08 during trading on Friday, hitting C$2.40. The stock had a trading volume of 293,444 shares, compared to its average volume of 67,389. The stock has a 50 day simple moving average of C$1.69 and a 200 day simple moving average of C$1.74. Transat A.T. has a 1 year low of C$1.41 and a 1 year high of C$3.00. The company has a market capitalization of C$95.30 million, a PE ratio of -0.82, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60.

About Transat A.T.

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.