Q3 2018 EPS Estimates for TRANSAT AT Inc Boosted by Cormark (TRZ)
TRANSAT AT Inc (TSE:TRZ) – Analysts at Cormark increased their Q3 2018 earnings per share estimates for TRANSAT AT in a report issued on Friday. Cormark analyst D. Tyerman now forecasts that the company will post earnings of $0.56 per share for the quarter, up from their previous estimate of $0.48. Cormark also issued estimates for TRANSAT AT’s FY2018 earnings at $0.77 EPS, FY2019 earnings at $1.17 EPS, FY2020 earnings at $1.49 EPS and FY2021 earnings at $1.71 EPS.
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TRZ has been the topic of several other research reports. Scotiabank upped their price target on TRANSAT AT from C$7.00 to C$7.50 and gave the company a “sector perform” rating in a research note on Friday, June 9th. Laurentian Bank of Canada raised TRANSAT AT from a “hold” rating to a “buy” rating and set a C$10.25 price target on the stock in a research note on Tuesday, August 22nd. Laurentian raised TRANSAT AT from a “hold” rating to a “buy” rating and set a C$10.25 price target on the stock in a research note on Tuesday, August 22nd. TD Securities decreased their price target on TRANSAT AT from C$10.00 to C$7.00 and set a “hold” rating on the stock in a research note on Thursday, July 27th. Finally, National Bank Financial raised TRANSAT AT from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$8.50 to C$12.00 in a research note on Monday, August 21st. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. TRANSAT AT currently has a consensus rating of “Buy” and an average price target of C$10.93.
Shares of TRANSAT AT (TRZ) opened at 9.02 on Monday. TRANSAT AT has a 12 month low of $5.03 and a 12 month high of $10.44. The company has a market capitalization of $333.60 million and a P/E ratio of 86.73. The company has a 50-day moving average price of $8.28 and a 200-day moving average price of $6.30.
TRANSAT AT Company Profile
Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 countries. The company also operates as an outgoing and incoming tour operator by bundling services bought in Canada and abroad, and reselling them in Canada, France, the United Kingdom, and 10 European countries directly or through intermediaries.
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