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

Transat A.T. (TSE:TRZ) had its target price hoisted by Scotiabank from C$1.75 to C$2.00 in a research report report published on Friday morning,BayStreet.CA reports. They currently have an underperform rating on the stock. Scotiabank also issued estimates for Transat A.T.’s FY2025 earnings at ($3.83) EPS and FY2026 earnings at ($1.43) EPS.

TRZ has been the subject of a number of other reports. TD Securities upgraded Transat A.T. from a “hold” rating to a “strong-buy” rating and upped their price target for the stock from C$1.75 to C$4.75 in a report on Friday, June 6th. Desjardins cut their price target on Transat A.T. from C$2.25 to C$2.00 in a report on Tuesday, March 18th. Finally, National Bankshares upped their price target on Transat A.T. from C$1.50 to C$1.75 and gave the stock an “underperform” rating in a report on Friday, June 6th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Transat A.T. has a consensus rating of “Hold” and an average price target of C$2.46.

Transat A.T. Stock Down 3.2%

TRZ opened at C$2.40 on Friday. The business has a 50 day moving average price of C$1.69 and a 200 day moving average price of C$1.74. Transat A.T. has a twelve month low of C$1.41 and a twelve month high of C$3.00. The company has a debt-to-equity ratio of -241.60, a quick ratio of 0.76 and a current ratio of 0.81. The firm has a market cap of C$95.30 million, a P/E ratio of -0.82, a price-to-earnings-growth ratio of -0.04 and a beta of 1.50.

About Transat A.T.

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company’s core business consists of tour operators based in Canada that are vertically integrated with its other services of air transportation, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations.