TD Lowers Transat A.T. (TSE:TRZ) Price Target to C$2.25

Transat A.T. (TSE:TRZ) had its target price decreased by equities research analysts at TD from C$2.50 to C$2.25 in a note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD’s price objective suggests a potential downside of 6.25% from the stock’s current price.

Separately, National Bank Financial lowered shares of Transat A.T. from a “sector perform” rating to an “underperform” rating and dropped their price target for the company from C$3.00 to C$2.25 in a research report on Wednesday, May 27th. Three research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of C$2.61.

Transat A.T. Stock Performance

Shares of TSE:TRZ traded down C$0.01 during midday trading on Friday, reaching C$2.40. The company’s stock had a trading volume of 20,452 shares, compared to its average volume of 83,733. The firm has a market capitalization of C$97.83 million, a PE ratio of 0.30, a P/E/G ratio of -0.04 and a beta of 1.55. Transat A.T. has a twelve month low of C$2.11 and a twelve month high of C$3.25. The stock has a fifty day moving average of C$2.64 and a 200 day moving average of C$2.58. The company has a quick ratio of 0.76, a current ratio of 0.71 and a debt-to-equity ratio of -216.74.

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 negative return on equity of 44.87% and a net margin of 9.74%. On average, equities analysts expect that Transat A.T. will post -4.3400002 EPS for the current fiscal 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.