Transat A.T. Inc. (TSE:TRZ – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$3.23 and traded as low as C$2.43. Transat A.T. shares last traded at C$2.47, with a volume of 127,222 shares trading hands.
Analysts Set New Price Targets
Several research firms have recently issued reports on TRZ. TD Securities decreased their price target on Transat A.T. from C$3.75 to C$3.00 and set a “hold” rating for the company in a research note on Friday, June 7th. CIBC decreased their target price on Transat A.T. from C$2.70 to C$2.30 and set an “underperform” rating for the company in a research report on Monday, June 10th. National Bankshares reduced their price objective on shares of Transat A.T. from C$3.00 to C$2.25 and set an “underperform” rating for the company in a research note on Monday, May 13th. Scotiabank lowered their target price on shares of Transat A.T. from C$2.50 to C$2.25 and set an “underperform” rating on the stock in a research note on Friday, June 7th. Finally, Desjardins cut their target price on shares of Transat A.T. from C$4.00 to C$3.00 and set a “hold” rating for the company in a research report on Tuesday, May 14th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Based on data from MarketBeat, Transat A.T. presently has a consensus rating of “Reduce” and a consensus price target of C$2.56.
Check Out Our Latest Report on Transat A.T.
Transat A.T. Price Performance
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.
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