TD Securities Cuts Transat A.T. (TSE:TRZ) Price Target to C$1.75

Transat A.T. (TSE:TRZ - Get Free Report) had its target price lowered by equities research analysts at TD Securities from C$2.00 to C$1.75 in a note issued to investors on Monday,BayStreet.CA reports. The firm currently has a "hold" rating on the stock. TD Securities' price target indicates a potential upside of 15.89% from the company's previous close.

Separately, CIBC upped their target price on shares of Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. Three investment 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, the stock presently has a consensus rating of "Reduce" and a consensus price target of C$1.71.

Transat A.T. Price Performance

Shares of Transat A.T. stock traded down C$0.02 during trading on Monday, hitting C$1.51. The stock had a trading volume of 16,882 shares, compared to its average volume of 40,939. Transat A.T. has a 12 month low of C$1.45 and a 12 month high of C$4.07. The business's 50-day moving average is C$1.76 and its 200 day moving average is C$1.81. The firm has a market cap of C$59.96 million, a price-to-earnings ratio of -0.52, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60.

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About Transat A.T.

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.