Transat A.T. Inc. (TSE:TRZ) Given Consensus Rating of "Reduce" by Analysts

Key Points

• Transat A.T. Inc. has received a consensus rating of "Reduce" from six analysts, with two sell recommendations, three holds, and one buy recommendation.
• The average 12-month target price for Transat A.T. is C$3.27, with recent analyst reports adjusting target prices ranging from C$2.00 to C$3.00.
• As of the latest report, shares of Transat A.T. are trading at C$2.28, representing a slight increase of 0.9%, with a 52-week range between C$1.41 and C$3.25.

Transat A.T. Inc. (TSE:TRZ - Get Free Report) has earned an average rating of "Reduce" from the six ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on 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.

TRZ has been the topic of several research analyst reports. Desjardins dropped their price objective on Transat A.T. from C$3.25 to C$3.00 and set a "hold" rating on the stock in a research note on Friday, September 12th. National Bank Financial raised Transat A.T. from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 2nd. National Bankshares raised Transat A.T. from an "underperform" rating to a "sector perform" rating and increased their target price for the company from C$2.25 to C$3.00 in a research report on Wednesday, September 3rd. CIBC increased their target price on Transat A.T. from C$2.25 to C$2.60 and gave the company an "underperform" rating in a research report on Thursday, September 4th. Finally, Scotiabank increased 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.

Transat A.T. Stock Up 0.9%

Shares of TSE:TRZ opened at C$2.28 on Friday. Transat A.T. has a 52-week low of C$1.41 and a 52-week high of C$3.25. The stock has a market cap of C$91.93 million, a P/E ratio of 0.31, a price-to-earnings-growth ratio of -0.04 and a beta of 1.09. The business's 50 day moving average is C$2.67 and its 200 day moving average is C$2.32. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60.

Transat A.T. Company Profile

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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