Transat A.T. (TSE:TRZ) Price Target Lowered to C$2.00 at Desjardins

Transat A.T. (TSE:TRZ) had its price target dropped by stock analysts at Desjardins from C$2.25 to C$2.00 in a note issued to investors on Tuesday,BayStreet.CA reports. Desjardins’ target price would indicate a potential upside of 30.72% from the company’s current price.

A number of other equities analysts have also recently weighed in on the company. TD Securities lowered their price target on Transat A.T. from C$2.00 to C$1.75 and set a “hold” rating for the company in a report on Monday. CIBC raised their target price on Transat A.T. from C$1.45 to C$1.80 in a report on Friday, December 13th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of C$1.71.

Transat A.T. Stock Performance

TSE TRZ opened at C$1.53 on Tuesday. The stock has a market cap of C$60.76 million, a PE ratio of -0.52, a P/E/G ratio of -0.04 and a beta of 1.50. 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. has a twelve month low of C$1.45 and a twelve month high of C$4.12. The stock has a fifty day simple moving average of C$1.77 and a 200-day simple moving average of C$1.81.

Transat A.T. Company Profile

Transat A.T. Inc, together with its subsidiaries, engages in the leisure travel business primarily in Europe and the Caribbean. It offers vacation packages, hotel stays, and air travel services under the Transat and Air Transat brands. The company also offers air transportation services; outgoing tours; and destination services, including hospitality and representation, passenger transfers, excursions, tours, sports, and other activities, as well as specialty services, such as destination weddings, teambuilding, etc.