Transat A.T. (TSE:TRZ) Upgraded at National Bank Financial

National Bank Financial upgraded shares of Transat A.T. (TSE:TRZ) from a strong sell rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

TRZ has been the subject of a number of other reports. Scotiabank boosted their price objective on shares of Transat A.T. from C$1.75 to C$2.00 and gave the stock an “underperform” rating in a report on Friday, June 13th. National Bankshares upgraded shares of Transat A.T. from an “underperform” rating to a “sector perform” rating and boosted their price objective for the stock from C$2.25 to C$3.00 in a report on Wednesday. Finally, TD Securities boosted their price objective on shares of Transat A.T. from C$4.75 to C$5.50 and gave the stock a “buy” rating in a report on Monday, June 16th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Transat A.T. currently has a consensus rating of “Reduce” and a consensus target price of C$3.02.

Transat A.T. Stock Performance

Transat A.T. stock opened at C$2.84 on Tuesday. The stock’s 50 day simple moving average is C$2.69 and its two-hundred day simple moving average is C$2.08. 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 stock has a market cap of C$113.97 million, a price-to-earnings ratio of -0.78, a PEG ratio of -0.04 and a beta of 1.20. Transat A.T. has a fifty-two week low of C$1.41 and a fifty-two week high of C$3.00.

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.