Transat A.T. Inc. (TSE:TRZ - Get Free Report) has received an average rating of "Reduce" from the six ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$3.27.
A number of equities research analysts recently weighed in on the stock. TD Securities raised their price target on shares of Transat A.T. from C$4.75 to C$5.50 and gave the company a "buy" rating in a report on Monday, June 16th. National Bankshares upgraded Transat A.T. from an "underperform" rating to a "sector perform" rating and boosted their price target for the stock from C$2.25 to C$3.00 in a research note on Wednesday, September 3rd. National Bank Financial upgraded Transat A.T. from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 2nd. Scotiabank upped their target price on Transat A.T. from C$2.00 to C$2.25 and gave the company an "underperform" rating in a research report on Friday, September 12th. Finally, Desjardins reduced their target price on Transat A.T. from C$3.25 to C$3.00 and set a "hold" rating for the company in a research note on Friday, September 12th.
Read Our Latest Research Report on TRZ
Transat A.T. Trading Down 1.5%
TRZ opened at C$2.65 on Monday. The firm has a market capitalization of C$106.84 million, a P/E ratio of 0.36, a P/E/G ratio of -0.04 and a beta of 1.22. The firm's 50 day moving average is C$2.72 and its 200-day moving average is C$2.21. Transat A.T. has a 52-week low of C$1.41 and a 52-week high of C$3.25. 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.
(
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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.
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