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

Transat A.T. (TSE:TRZ) had its target price decreased by analysts at TD Securities from C$2.00 to C$1.75 in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has a “hold” rating on the stock. TD Securities’ target price indicates a potential upside of 14.38% from the stock’s current price.

Separately, CIBC upped their price target on shares of Transat A.T. from C$1.45 to C$1.80 in a research report on Friday, December 13th. Three equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of C$1.71.

Transat A.T. Price Performance

TSE TRZ traded up C$0.04 on Monday, hitting C$1.53. The company had a trading volume of 34,149 shares, compared to its average volume of 42,286. The company has a debt-to-equity ratio of -241.60, a current ratio of 0.81 and a quick ratio of 0.76. The company’s fifty day moving average price is C$1.79 and its 200-day moving average price is C$1.82. The company has a market capitalization of C$60.76 million, a PE ratio of -0.52, a PEG ratio of -0.04 and a beta of 1.50. Transat A.T. has a 12-month low of C$1.45 and a 12-month 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.