TD Securities Cuts Transat A.T. (TSE:TRZ) Price Target to C$2.00

Transat A.T. (TSE:TRZ) had its target price trimmed by TD Securities from C$2.25 to C$2.00 in a research report released on Tuesday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Separately, CIBC increased their price target on shares of Transat A.T. from C$1.45 to C$1.80 in a research note on Friday, December 13th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the company. According to data from MarketBeat.com, Transat A.T. currently has an average rating of “Reduce” and a consensus target price of C$1.76.

Transat A.T. Price Performance

Shares of Transat A.T. stock opened at C$1.78 on Tuesday. 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 capitalization of C$70.68 million, a price-to-earnings ratio of -0.61, a P/E/G ratio of -0.04 and a beta of 1.50. Transat A.T. has a 1-year low of C$1.68 and a 1-year high of C$4.33. The firm’s 50-day moving average price is C$1.86 and its two-hundred day moving average price is C$1.86.

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.