Q1 2018 Earnings Forecast for TRANSAT AT Inc (TRZ) Issued By National Bank Financial
TRANSAT AT Inc (TSE:TRZ) – Investment analysts at National Bank Financial issued their Q1 2018 earnings per share estimates for shares of TRANSAT AT in a research report issued to clients and investors on Tuesday. National Bank Financial analyst C. Doerksen expects that the company will post earnings of ($0.88) per share for the quarter. National Bank Financial currently has a “Outperform” rating and a $15.00 price target on the stock. National Bank Financial also issued estimates for TRANSAT AT’s FY2018 earnings at $0.38 EPS and FY2019 earnings at $0.49 EPS.
Several other analysts have also issued reports on TRZ. Desjardins cut their target price on shares of TRANSAT AT from C$14.00 to C$9.00 in a research report on Thursday, August 31st. TD Securities lifted their price target on shares of TRANSAT AT from C$11.00 to C$12.00 and gave the company a “hold” rating in a report on Friday, September 8th. CIBC lowered their price target on shares of TRANSAT AT from C$11.00 to C$10.50 in a report on Monday, September 11th. Finally, Scotiabank boosted their target price on shares of TRANSAT AT from C$10.00 to C$10.50 and gave the stock a “sector perform” rating in a report on Friday, December 15th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. TRANSAT AT presently has a consensus rating of “Buy” and a consensus price target of C$11.93.
In other news, Director Jean-Pierre Delisle purchased 4,800 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was acquired at an average cost of C$10.30 per share, with a total value of C$49,440.00. Over the last quarter, insiders have acquired 6,340 shares of company stock worth $65,184.
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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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