Transat A.T. (TSE:TRZ) Price Target Raised to C$1.80

Transat A.T. (TSE:TRZ) had its price objective increased by CIBC from C$1.45 to C$1.80 in a research note published on Friday morning,BayStreet.CA reports.

TRZ has been the subject of several other research reports. Desjardins decreased their price objective on shares of Transat A.T. from C$3.00 to C$2.00 and set a “hold” rating for the company in a research note on Friday, September 13th. Scotiabank dropped their price target on Transat A.T. from C$2.25 to C$1.50 and set an “underperform” rating on the stock in a report on Friday, September 13th. National Bankshares cut their price objective on Transat A.T. from C$2.25 to C$1.50 and set an “underperform” rating on the stock in a research report on Friday, September 13th. Finally, TD Securities raised their target price on Transat A.T. from C$2.00 to C$2.25 and gave the company a “hold” rating in a research report on Friday. Three investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of C$1.81.

Transat A.T. Stock Performance

TSE TRZ opened at C$1.95 on Friday. The company has a fifty day moving average price of C$1.82 and a 200-day moving average price of C$2.07. The firm has a market cap of C$76.38 million, a price-to-earnings ratio of -0.50, a PEG 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 1 year low of C$1.68 and a 1 year high of C$4.33.

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.