Transat A.T. Inc. (TSE:TRZ) Receives C$2.86 Consensus Target Price from Analysts

Key Points

• Transat A.T. Inc. has received a consensus rating of "Reduce" from six brokerages, with two analysts recommending a sell and one a buy.
• The company's stock target price has varied considerably, ranging from C$1.75 to C$5.50, with the average target set at C$2.86.
• Transat A.T. operates in the tourism sector and has a market capitalization of C$112.37 million, with a 52-week stock price range between C$1.41 and C$3.00.

Shares of Transat A.T. Inc. (TSE:TRZ - Get Free Report) have been assigned a consensus recommendation of "Reduce" from the six analysts that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$3.02.

TRZ has been the topic of several analyst reports. Scotiabank increased their price objective on shares of Transat A.T. from C$1.75 to C$2.00 and gave the company an "underperform" rating in a report on Friday, June 13th. National Bank Financial upgraded 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 lifted their price objective for the stock from C$2.25 to C$3.00 in a research note on Wednesday, September 3rd. CIBC upped their price objective on Transat A.T. from C$2.25 to C$2.60 and gave the company an "underperform" rating in a report on Thursday, September 4th. Finally, TD Securities raised their target price on Transat A.T. from C$4.75 to C$5.50 and gave the stock a "buy" rating in a report on Monday, June 16th.

Transat A.T. Trading Down 1.9%

Transat A.T. stock traded down C$0.06 during trading hours on Thursday, reaching C$3.12. 81,333 shares of the company's stock traded hands, compared to its average volume of 75,267. The firm has a market capitalization of C$125.21 million, a price-to-earnings ratio of -0.86, a PEG ratio of -0.04 and a beta of 1.22. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81. Transat A.T. has a fifty-two week low of C$1.41 and a fifty-two week high of C$3.19. The firm's 50 day moving average is C$2.70 and its 200-day moving average is C$2.10.

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.