Transat A.T. Inc. (TSE:TRZ) Stock Has Consensus Target Price of C$2.11 According to Analysts

Transat A.T. Inc. (TSE:TRZ) has earned an average recommendation of “Reduce” from the six research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is C$2.11.

A number of equities analysts recently issued reports on the company. Scotiabank lowered their price target on Transat A.T. from C$1.65 to C$1.25 and set a “sector underperform” rating on the stock in a report on Thursday, October 15th. Scotia reduced their price objective on Transat A.T. from C$2.00 to C$1.65 and set a “sector underperform” rating for the company in a research note on Friday, September 11th. Desjardins reduced their price objective on Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating for the company in a research note on Friday, September 11th. Finally, TD decreased their price objective on Transat A.T. from C$2.25 to C$2.00 and set a “hold” rating for the company in a research report on Friday, September 11th.

Transat A.T. Price Performance

Shares of TSE:TRZ opened at C$1.89 on Thursday. Transat A.T. has a 1-year low of C$1.78 and a 1-year high of C$3.10. The company has a debt-to-equity ratio of -180.72, a current ratio of 0.58 and a quick ratio of 0.76. The stock has a market cap of C$77.87 million, a P/E ratio of -0.33, a P/E/G ratio of -0.04 and a beta of 1.47. The firm has a fifty day moving average price of C$2.08 and a 200 day moving average price of C$2.35.

Transat A.T. (TSE:TRZ) last posted its quarterly earnings data on Thursday, September 10th. The company reported C($2.18) EPS for the quarter. Transat A.T. had a negative net margin of 6.57% and a positive return on equity of 31.06%. The business had revenue of C$792.72 million during the quarter. Sell-side analysts predict that Transat A.T. will post -4.34 EPS for the current year.

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.