National Bank Financial Upgrades Transat A.T. (TSE:TRZ) to "Hold"

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, September 2nd,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.

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

Transat A.T. Stock Performance

Shares of Transat A.T. stock traded down C$0.12 during trading on Tuesday, hitting C$3.06. 77,623 shares of the company's stock were exchanged, compared to its average volume of 75,232. The business has a 50-day simple moving average of C$2.70 and a 200-day simple moving average of C$2.10. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81. The stock has a market capitalization of C$122.80 million, a price-to-earnings ratio of -0.85, a PEG ratio of -0.04 and a beta of 1.22. Transat A.T. has a 52-week low of C$1.41 and a 52-week high of C$3.19.

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.