Transat A.T. (TSE:TRZ) Price Target Cut to C$1.50 by Analysts at National Bankshares

Transat A.T. (TSE:TRZ) had its price target decreased by National Bankshares from C$2.25 to C$1.50 in a research report report published on Friday, BayStreet.CA reports. National Bankshares currently has an underperform rating on the stock.

Other research analysts also recently issued reports about the stock. TD Securities decreased their target price on shares of Transat A.T. from C$3.75 to C$3.00 and set a hold rating for the company in a research report on Friday, June 7th. Scotiabank decreased their price objective on Transat A.T. from C$2.25 to C$1.50 and set an underperform rating for the company in a report on Friday. Finally, CIBC dropped their target price on Transat A.T. from C$2.30 to C$1.75 and set an underperform rating on the stock in a report on Friday. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of Reduce and a consensus price target of C$1.75.

Transat A.T. Stock Up 0.6 %

Transat A.T. stock opened at C$1.82 on Friday. Transat A.T. has a fifty-two week low of C$1.78 and a fifty-two week high of C$4.75. The company has a market cap of C$70.67 million, a PE ratio of -1.31, 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 quick ratio of 0.76 and a current ratio of 0.81. The business’s 50-day simple moving average is C$2.08 and its two-hundred day simple moving average is C$2.92.

Transat A.T. (TSE:TRZ) last issued its quarterly earnings results on Wednesday, September 11th. The company reported C($1.10) earnings per share for the quarter, missing the consensus estimate of C($0.37) by C($0.73). The company had revenue of C$736.20 million for the quarter, compared to the consensus estimate of C$758.50 million. Equities analysts anticipate that Transat A.T. will post -4.3400002 EPS for the current year.

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.