Transat A.T. (TSE:TRZ) Given a C$1.50 Price Target by National Bankshares Analysts

Transat A.T. (TSE:TRZ) received a C$1.50 price objective from equities researchers at National Bankshares in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has an “underperform” rating on the stock. National Bankshares’ target price would suggest a potential downside of 11.76% from the stock’s current price.

A number of other research firms have also recently commented on TRZ. Desjardins decreased their price target on Transat A.T. from C$2.25 to C$2.00 in a research note on Tuesday, March 18th. TD Securities decreased their target price on Transat A.T. from C$2.00 to C$1.75 and set a “hold” rating on the stock in a research note on Monday, March 17th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of C$1.71.

Transat A.T. Price Performance

TRZ remained flat at C$1.70 during trading hours on Wednesday. The company had a trading volume of 28,218 shares, compared to its average volume of 36,186. Transat A.T. has a 12-month low of C$1.41 and a 12-month high of C$3.12. The stock has a market cap of C$67.51 million, a PE ratio of -0.58, a PEG ratio of -0.04 and a beta of 1.50. The business has a fifty day moving average of C$1.56 and a 200-day moving average of C$1.72. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of -241.60.

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.