Transat A.T. (TSE:TRZ) PT Lowered to C$1.50 at National Bankshares

Transat A.T. (TSE:TRZ) had its price objective lowered by National Bankshares from C$2.25 to C$1.50 in a research report sent to investors on Friday morning, BayStreet.CA reports. The brokerage currently has an underperform rating on the stock.

A number of other analysts have also commented on TRZ. CIBC dropped their price target on Transat A.T. from C$2.30 to C$1.75 and set an underperform rating on the stock in a report on Friday. Scotiabank decreased their target price on Transat A.T. from C$2.25 to C$1.50 and set an underperform rating for the company in a research report on Friday. Finally, TD Securities cut their price target on Transat A.T. from C$3.75 to C$3.00 and set a hold rating for the company in a research note on Friday, June 7th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the company. According to MarketBeat, the company has a consensus rating of Reduce and an average price target of C$1.75.

Transat A.T. Stock Up 1.1 %

Transat A.T. stock opened at C$1.84 on Friday. The company has a market capitalization of C$71.45 million, a PE ratio of -1.31, a PEG ratio of -0.04 and a beta of 1.50. The firm’s fifty day moving average is C$2.07 and its 200 day moving average is C$2.87. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of 16,969.40. Transat A.T. has a 12-month low of C$1.78 and a 12-month high of C$4.33.

Transat A.T. (TSE:TRZ) last released its quarterly earnings data on Wednesday, September 11th. The company reported C($1.10) EPS for the quarter, missing the consensus estimate of C($0.37) by C($0.73). The firm had revenue of C$736.20 million during the quarter, compared to analysts’ expectations of C$758.50 million. As a group, sell-side analysts predict that Transat A.T. will post -4.3400002 EPS for the current fiscal year.

About Transat A.T.

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.