Transat A.T. (TSE:TRZ - Get Free Report) had its price objective boosted by Scotiabank from C$1.25 to C$1.75 in a research note issued on Friday,BayStreet.CA reports. The brokerage currently has an "underperform" rating on the stock. Scotiabank's target price points to a potential downside of 13.37% from the stock's previous close.
Other analysts have also issued reports about the company. National Bankshares set a C$1.50 price objective on Transat A.T. and gave the stock an "underperform" rating in a report on Wednesday, May 28th. TD Securities cut their price target on Transat A.T. from C$2.00 to C$1.75 and set a "hold" rating for the company in a research note on Monday, March 17th. Finally, Desjardins lowered their price target on Transat A.T. from C$2.25 to C$2.00 in a research note on Tuesday, March 18th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Transat A.T. currently has an average rating of "Hold" and a consensus price target of C$2.41.
Check Out Our Latest Stock Analysis on Transat A.T.
Transat A.T. Stock Up 5.2%
Shares of TSE TRZ traded up C$0.10 during mid-day trading on Friday, reaching C$2.02. The company had a trading volume of 294,345 shares, compared to its average volume of 40,787. 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 market capitalization of C$80.21 million, a price-to-earnings ratio of -0.69, a PEG ratio of -0.04 and a beta of 1.50. The stock has a fifty day moving average of C$1.58 and a two-hundred day moving average of C$1.71. Transat A.T. has a 12-month low of C$1.41 and a 12-month high of C$2.92.
About Transat A.T.
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Transat A.T., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Transat A.T. wasn't on the list.
While Transat A.T. currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
