Transat A.T. (TSE:TRZ) Price Target Lowered to C$3.00 at TD Securities

Transat A.T. (TSE:TRZ) had its price objective cut by TD Securities from C$3.75 to C$3.00 in a research report report published on Friday morning, BayStreet.CA reports. They currently have a hold rating on the stock.

Other equities analysts have also issued reports about the stock. CIBC lowered their price target on shares of Transat A.T. from C$2.90 to C$2.70 and set an underperform rating on the stock in a research report on Monday, May 13th. Desjardins lowered their price target on shares of Transat A.T. from C$4.00 to C$3.00 and set a hold rating on the stock in a research report on Tuesday, May 14th. Finally, National Bankshares lowered their price target on shares of Transat A.T. from C$3.00 to C$2.25 and set an underperform rating on the stock in a research report on Monday, May 13th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of Reduce and a consensus price target of C$2.56.

Transat A.T. Stock Down 3.1 %

TRZ stock opened at C$2.79 on Friday. The stock has a market capitalization of C$108.03 million, a P/E ratio of -3.72, a P/E/G ratio of -0.04 and a beta of 1.38. The firm has a 50-day simple moving average of C$3.35 and a 200-day simple moving average of C$3.70. The company has a quick ratio of 0.76, a current ratio of 0.87 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a 52 week low of C$2.78 and a 52 week high of C$5.15.

Transat A.T. (TSE:TRZ) last released its earnings results on Wednesday, March 13th. The company reported C($2.11) EPS for the quarter, missing analysts’ consensus estimates of C($1.01) by C($1.10). The firm had revenue of C$785.50 million for the quarter, compared to analyst estimates of C$815.50 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.