Transat A.T. Inc. (TSE:TRZ) Receives C$2.61 Average Target Price from Brokerages

Transat A.T. Inc. (TSE:TRZ) has earned an average rating of “Reduce” from the six analysts that are currently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$2.61.

A number of analysts recently issued reports on TRZ shares. TD decreased their price objective on Transat A.T. from C$2.50 to C$2.25 and set a “hold” rating on the stock in a research note on Friday, June 12th. National Bank Financial cut Transat A.T. from a “sector perform” rating to an “underperform” rating and decreased their price target for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th.

Transat A.T. Stock Performance

Shares of TRZ stock opened at C$2.45 on Friday. The firm’s 50 day moving average is C$2.63 and its 200 day moving average is C$2.59. The stock has a market capitalization of C$100.53 million, a P/E ratio of 0.36, a PEG ratio of -0.04 and a beta of 1.55. Transat A.T. has a 12 month low of C$2.11 and a 12 month high of C$3.25. The company has a current ratio of 0.63, a quick ratio of 0.76 and a debt-to-equity ratio of -186.46.

Transat A.T. (TSE:TRZ) last released its quarterly earnings data on Thursday, June 11th. The company reported C($2.58) earnings per share for the quarter. The business had revenue of C$1.03 billion during the quarter. Transat A.T. had a net margin of 8.11% and a negative return on equity of 41.23%. On average, sell-side analysts anticipate that Transat A.T. will post -4.3400002 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.