Desjardins Has Lowered Expectations for Transat A.T. (TSE:TRZ) Stock Price

Transat A.T. (TSE:TRZ - Get Free Report) had its price target cut by equities researchers at Desjardins from C$2.25 to C$2.00 in a report released on Tuesday,BayStreet.CA reports. Desjardins' price target would suggest a potential upside of 33.33% from the company's current price. Desjardins also issued estimates for Transat A.T.'s Q2 2025 earnings at ($0.77) EPS, Q3 2025 earnings at ($0.41) EPS, Q4 2025 earnings at ($0.04) EPS, FY2025 earnings at ($3.12) EPS and FY2026 earnings at ($1.41) EPS.

A number of other research firms also recently issued reports on TRZ. TD Securities dropped their price target on Transat A.T. from C$2.00 to C$1.75 and set a "hold" rating on the stock in a research report on Monday, March 17th. CIBC increased their price target on Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of C$1.71.

Transat A.T. Stock Down 2.0 %

Shares of TRZ traded down C$0.03 during midday trading on Tuesday, reaching C$1.50. 21,782 shares of the stock were exchanged, compared to its average volume of 41,042. Transat A.T. has a 52 week low of C$1.45 and a 52 week high of C$4.07. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60. The company's 50 day moving average is C$1.75 and its two-hundred day moving average is C$1.80. The company has a market capitalization of C$59.56 million, a P/E ratio of -0.51, a PEG ratio of -0.04 and a beta of 1.50.

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Transat A.T. Company Profile

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.