TD Securities Issues Positive Forecast for Transat A.T. (TSE:TRZ) Stock Price

Transat A.T. (TSE:TRZ) had its price objective lifted by TD Securities from C$4.75 to C$5.50 in a research note issued to investors on Monday,BayStreet.CA reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently issued reports on TRZ. Scotiabank raised their price target on Transat A.T. from C$1.75 to C$2.00 and gave the stock an “underperform” rating in a research note on Friday. Desjardins dropped their target price on Transat A.T. from C$2.25 to C$2.00 in a research report on Tuesday, March 18th. Finally, National Bankshares boosted their price target on Transat A.T. from C$1.50 to C$1.75 and gave the company an “underperform” rating in a research note on Friday, June 6th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, Transat A.T. has a consensus rating of “Hold” and an average price target of C$2.61.

Transat A.T. Stock Performance

Shares of TSE TRZ opened at C$2.59 on Monday. The firm’s 50-day moving average price is C$1.72 and its 200-day moving average price is C$1.75. Transat A.T. has a 52-week low of C$1.41 and a 52-week high of C$3.00. The company has a market cap of C$102.85 million, a PE ratio of -0.89, a PEG ratio of -0.04 and a beta of 1.50. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60.

About Transat A.T.

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.