Desjardins Cuts Transat A.T. (TSE:TRZ) Price Target to C$2.50

Transat A.T. (TSE:TRZ) had its price target trimmed by Desjardins from C$2.80 to C$2.50 in a research note published on Friday,BayStreet reports. The firm currently has a hold rating on the stock.

Several other equities research analysts have also recently issued reports on the company. National Bank Financial cut Transat A.T. from a “sector perform” rating to an “underperform” rating and lowered their price objective for the stock from C$3.00 to C$2.25 in a report on Wednesday, May 27th. TD reduced their target price on Transat A.T. from C$2.25 to C$2.00 and set a “hold” rating for the company in a report on Friday. Three investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Transat A.T. presently has an average rating of “Reduce” and an average target price of C$2.28.

Transat A.T. Stock Performance

TRZ opened at C$1.89 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.58 and a debt-to-equity ratio of -180.72. The company has a market cap of C$77.87 million, a price-to-earnings ratio of -0.33, a PEG ratio of -0.04 and a beta of 1.49. Transat A.T. has a 52-week low of C$1.78 and a 52-week high of C$3.10. The firm’s fifty day simple moving average is C$2.29 and its two-hundred day simple moving average is C$2.45.

Transat A.T. (TSE:TRZ) last released its earnings results on Thursday, September 10th. The company reported C($2.18) EPS for the quarter. The company had revenue of C$792.72 million for the quarter. Transat A.T. had a positive return on equity of 31.06% and a negative net margin of 6.57%. Equities analysts anticipate that Transat A.T. will post -4.3400002 earnings per share for the current fiscal year.

Transat A.T. News Summary

Here are the key news stories impacting Transat A.T. this week:

• Positive Sentiment: Transat secured an additional C$250 million in emergency federal aid, providing near-term liquidity and support for operations despite its quarterly loss. Transat secures an additional $250M in emergency federal aid, reports Q3 loss
• Neutral Sentiment: Analyst views remain mixed. Desjardins lowered its target to C$2.50 but maintained a “hold” rating, while TD reduced its target to C$2.00 and also kept a “hold” rating. These targets imply potential upside, but the cuts reflect more cautious expectations. Transat analyst price-target updates
• Negative Sentiment: Scotia lowered its price target from C$2.00 to C$1.65 and assigned a “sector underperform” rating, signaling expectations that Transat may lag its industry peers.
• Negative Sentiment: Transat reported a third-quarter loss, with earnings of approximately C$2.18 per share below zero and revenue of about C$792.7 million. Reports attributed the deterioration largely to soaring fuel costs, which threaten airline margins. Transat A.T. Inc. Reports Results for the Third Quarter of Fiscal 2026 Transat reports quarterly loss on soaring fuel costs

About Transat A.T.

Air Transat is a leading travel brand voted 2025 World’s Best Leisure Airline by passengers at the Skytrax World Airline Awards. Its program offers access to international destinations, mainly in Europe, the Caribbean, the east coast of the United States, South America and North Africa. Air Transat is recognized for its excellent customer service. Its fleet includes some of the most energy-efficient aircraft in their category. Based in Montreal with major hubs in YUL Montréal-Trudeau International Airport and Toronto Pearson Airport (YYZ), it has 5,000 employees with a common purpose to bring people closer together.