TD Analysts Give Transat A.T. (TSE:TRZ) a C$2.00 Price Target

TD set a C$2.00 target price on Transat A.T. (TSE:TRZ) in a report published on Tuesday morning,BayStreet reports. The firm currently has a hold rating on the stock.

TRZ has been the topic of a number of other research reports. Scotia dropped their price target on shares of Transat A.T. from C$2.00 to C$1.65 and set a “sector underperform” rating on the stock in a research report on Friday, September 11th. Scotiabank decreased their price objective on shares of Transat A.T. from C$1.65 to C$1.25 and set a “sector underperform” rating for the company in a research report on Thursday, October 15th. Finally, Desjardins decreased their price objective on shares of Transat A.T. from C$2.80 to C$2.50 and set a “hold” rating for the company in a research report on Friday, September 11th. Three analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of C$2.11.

Transat A.T. Trading Up 1.1%

Shares of TRZ stock opened at C$1.89 on Tuesday. 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 current ratio of 0.58, a quick ratio of 0.76 and a debt-to-equity ratio of -180.72. The stock 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 1.47. The stock has a 50-day moving average of C$2.02 and a 200-day moving average of C$2.39.

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 positive return on equity of 31.06% and a negative net margin of 6.57%. The company had revenue of C$792.72 million during the quarter. On average, equities research analysts forecast that Transat A.T. will post -4.34 earnings per share 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.