TD Securities Cuts Transat A.T. (TSE:TRZ) Price Target to C$1.75

Transat A.T. (TSE:TRZ) had its price objective cut by TD Securities from C$2.00 to C$1.75 in a research note released on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.

Separately, CIBC boosted their price target on Transat A.T. from C$1.45 to C$1.80 in a research note on Friday, December 13th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. According to data from MarketBeat.com, Transat A.T. has an average rating of “Reduce” and a consensus price target of C$1.71.

Transat A.T. Trading Up 4.0 %

Shares of TRZ stock opened at C$1.55 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60. The stock has a market cap of C$61.55 million, a P/E ratio of -0.53, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50. The stock has a 50 day simple moving average of C$1.79 and a 200 day simple moving average of C$1.81. Transat A.T. has a 1 year low of C$1.45 and a 1 year high of C$4.12.

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.