National Bankshares Issues Positive Forecast for Transat A.T. (TSE:TRZ) Stock Price

Transat A.T. (TSE:TRZ) had its price target increased by National Bankshares from C$1.50 to C$1.75 in a research report report published on Friday,BayStreet.CA reports. National Bankshares currently has an underperform rating on the stock.

Several other brokerages have also recently weighed in on TRZ. Desjardins dropped their price target on shares of Transat A.T. from C$2.25 to C$2.00 in a research report on Tuesday, March 18th. TD Securities dropped their price target on shares of Transat A.T. from C$2.00 to C$1.75 and set a “hold” rating on the stock in a research report on Monday, March 17th. Finally, Scotiabank raised their price target on shares of Transat A.T. from C$1.25 to C$1.75 and gave the company an “underperform” rating in a research report on Friday. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$2.41.

Transat A.T. Price Performance

Shares of TSE TRZ opened at C$2.04 on Friday. Transat A.T. has a fifty-two week low of C$1.41 and a fifty-two week high of C$2.92. The stock has a market cap of C$81.01 million, a price-to-earnings ratio of -0.70, a PEG ratio of -0.04 and a beta of 1.50. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81. The firm’s 50-day simple moving average is C$1.60 and its 200 day simple moving average is C$1.72.

Transat A.T. Company Profile

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company’s core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.