Transat A.T. (TSE:TRZ) Upgraded by National Bank Financial to "Hold" Rating

Key Points

• Transat A.T. has been upgraded from a "strong sell" to a "hold" rating by National Bank Financial, indicating a shift in analyst sentiment regarding the stock.
• Several analysts have raised their price targets for Transat A.T., with National Bankshares increasing it from C$2.25 to C$3.00, reflecting growing optimism about the company's performance.
• The company's stock has seen a recent rise of 2.2%, opening at C$2.80, as it navigates a volatile market characterized by ratings ranging from "buy" to "underperform."

National Bank Financial upgraded shares of Transat A.T. (TSE:TRZ - Free Report) from a strong sell rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports. National Bank Financial also issued estimates for Transat A.T.'s Q3 2025 earnings at $0.05 EPS, FY2025 earnings at ($1.03) EPS and FY2026 earnings at ($0.26) EPS.

Other equities research analysts also recently issued reports about the company. Scotiabank lifted their target price on Transat A.T. from C$1.75 to C$2.00 and gave the stock an "underperform" rating in a research report on Friday, June 13th. TD Securities raised their price objective on Transat A.T. from C$4.75 to C$5.50 and gave the stock a "buy" rating in a research report on Monday, June 16th. Finally, National Bankshares upgraded Transat A.T. from an "underperform" rating to a "sector perform" rating and raised their price objective for the stock from C$2.25 to C$3.00 in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Transat A.T. has a consensus rating of "Reduce" and an average target price of C$3.02.

Transat A.T. Stock Up 10.4%

TSE TRZ traded up C$0.30 on Tuesday, reaching C$3.18. The stock had a trading volume of 556,429 shares, compared to its average volume of 75,233. The business has a 50 day moving average price of C$2.69 and a 200 day moving average price of C$2.09. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60. Transat A.T. has a 1 year low of C$1.41 and a 1 year high of C$3.19. The company has a market capitalization of C$127.62 million, a price-to-earnings ratio of -0.88, a P/E/G ratio of -0.04 and a beta of 1.22.

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.