Transat A.T. (TSE:TRZ) Given a C$3.50 Price Target by Scotiabank Analysts

Transat A.T. (TSE:TRZ – Get Free Report) has been given a C$3.50 target price by investment analysts at Scotiabank in a note issued to investors on Friday, BayStreet.CA reports. The firm presently has an “underperform” rating on the stock. Scotiabank’s price target would suggest a potential downside of 17.65% from the company’s previous close.

A number of other research firms also recently weighed in on TRZ. National Bankshares raised their target price on shares of Transat A.T. from C$3.50 to C$3.75 and gave the company an “underperform” rating in a research report on Wednesday, August 23rd. TD Securities increased their price target on shares of Transat A.T. from C$5.00 to C$6.00 and gave the company a “hold” rating in a research note on Friday, June 9th. Finally, CIBC raised their target price on shares of Transat A.T. from C$3.50 to C$3.75 in a research note on Sunday, June 11th.

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Transat A.T. Trading Down 5.1 %

Shares of TSE TRZ opened at C$4.25 on Friday. The company’s 50 day simple moving average is C$4.61 and its 200 day simple moving average is C$4.07. Transat A.T. has a fifty-two week low of C$2.50 and a fifty-two week high of C$5.15. The firm has a market capitalization of C$12.07 million, a P/E ratio of -0.53, a P/E/G ratio of -0.04 and a beta of 1.44. The company has a debt-to-equity ratio of 16,969.40, a current ratio of 0.99 and a quick ratio of 0.76.

Transat A.T. (TSE:TRZ – Get Free Report) last issued its earnings results on Wednesday, September 13th. The company reported C$1.10 EPS for the quarter, beating the consensus estimate of C($0.06) by C$1.16. The firm had revenue of C$746.32 million during the quarter, compared to the consensus estimate of C$714.50 million. On average, analysts predict that Transat A.T. will post -4.3400002 EPS for the current year.

Transat A.T. Company Profile

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Transat A.T. Inc operates as an integrated international tourism company in the Americas and Europe. The company offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands to approximately 60 destinations in approximately 25 countries. It also operates outgoing tours; and involved in the retail distribution activities, such as providing advice to travelers.

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