Transat A.T. (TSE:TRZ) Price Target Raised to C$2.25 at TD Securities

Transat A.T. (TSE:TRZ - Free Report) had its target price raised by TD Securities from C$2.00 to C$2.25 in a research report released on Friday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

A number of other equities analysts also recently issued reports on TRZ. National Bankshares decreased their price objective on Transat A.T. from C$2.25 to C$1.50 and set an "underperform" rating for the company in a report on Friday, September 13th. Scotiabank decreased their target price on Transat A.T. from C$2.25 to C$1.50 and set an "underperform" rating on the stock in a research note on Friday, September 13th. Desjardins dropped their target price on Transat A.T. from C$3.00 to C$2.00 and set a "hold" rating for the company in a report on Friday, September 13th. Finally, CIBC dropped their price objective on Transat A.T. from C$2.30 to C$1.75 and set an "underperform" rating for the company in a report on Friday, September 13th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of C$1.81.

Transat A.T. Trading Down 4.4 %

TSE TRZ traded down C$0.09 during trading hours on Friday, reaching C$1.95. The company's stock had a trading volume of 231,728 shares, compared to its average volume of 58,716. The firm has a fifty day simple moving average of C$1.82 and a 200-day simple moving average of C$2.07. The stock has a market cap of C$76.38 million, a P/E ratio of -0.50, a P/E/G ratio of -0.04 and a beta of 1.50. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.76 and a quick ratio of 0.76. Transat A.T. has a 52 week low of C$1.68 and a 52 week high of C$4.33.

Transat A.T. (TSE:TRZ - Get Free Report) last announced its quarterly earnings results on Wednesday, September 11th. The company reported C($1.10) earnings per share for the quarter, missing the consensus estimate of C($0.37) by C($0.73). The firm had revenue of C$736.20 million during the quarter, compared to analysts' expectations of C$758.50 million. Equities analysts forecast that Transat A.T. will post -4.3400002 earnings per share for the current fiscal year.

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.