Transat A.T. (TSE:TRZ) PT Set at C$1.50 by National Bankshares

Transat A.T. (TSE:TRZ - Get Free Report) has been assigned a C$1.50 target price by stock analysts at National Bankshares in a research note issued on Wednesday,BayStreet.CA reports. The brokerage presently has an "underperform" rating on the stock. National Bankshares' price objective would indicate a potential downside of 11.76% from the company's current price.

Other equities analysts have also issued research reports about the stock. Desjardins lowered their price objective on shares of Transat A.T. from C$2.25 to C$2.00 in a research report on Tuesday, March 18th. TD Securities lowered their target price on shares of Transat A.T. from C$2.00 to C$1.75 and set a "hold" rating for the company in a report on Monday, March 17th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. According to data from MarketBeat, Transat A.T. presently has a consensus rating of "Reduce" and an average target price of C$1.71.

Transat A.T. Stock Performance

TSE TRZ remained flat at C$1.70 on Wednesday. The company's stock had a trading volume of 28,218 shares, compared to its average volume of 36,186. The company has a market cap of C$67.51 million, a price-to-earnings ratio of -0.58, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50. Transat A.T. has a 1-year low of C$1.41 and a 1-year high of C$3.12. The stock's 50 day simple moving average is C$1.56 and its two-hundred day simple moving average is C$1.72. The company has a debt-to-equity ratio of -241.60, a current ratio of 0.81 and a quick ratio of 0.76.

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.

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