Transat A.T. (TSE:TRZ) Price Target Cut to C$2.00 by Analysts at TD Securities

Transat A.T. (TSE:TRZ) had its price target lowered by TD Securities from C$2.25 to C$2.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 12.99% from the stock’s current price.

Separately, CIBC raised their target price on shares of Transat A.T. from C$1.45 to C$1.80 in a research note on Friday, December 13th. Three analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of C$1.76.

Transat A.T. Stock Performance

Shares of TRZ stock opened at C$1.77 on Tuesday. The company has a fifty day moving average price of C$1.86 and a two-hundred day moving average price of C$1.86. Transat A.T. has a one year low of C$1.68 and a one year high of C$4.33. The stock has a market cap of C$69.33 million, a P/E ratio of -0.45, 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. 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.