Beacon Securities reaffirmed their buy rating on shares of TRANSAT AT Inc (TSE:TRZ) in a report published on Friday morning.

Several other research analysts have also recently commented on the company. Desjardins reduced their price target on TRANSAT AT from C$8.00 to C$7.00 in a research report on Friday, December 16th. TD Securities reissued a hold rating and set a C$7.00 price target on shares of TRANSAT AT in a research report on Friday, December 16th. Scotiabank cut TRANSAT AT from an outperform rating to a sector perform rating and cut their price objective for the company from C$8.00 to C$7.00 in a research report on Monday, December 19th. CIBC cut their price objective on TRANSAT AT from C$7.00 to C$6.00 in a research report on Tuesday, December 20th. Finally, Laurentian cut their price objective on TRANSAT AT from C$7.50 to C$6.50 and set a hold rating for the company in a research report on Friday, December 16th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of C$7.50.

Analyst Recommendations for TRANSAT AT (TSE:TRZ)

Shares of TRANSAT AT (TSE:TRZ) traded up 1.54% on Friday, reaching $5.28. The company’s stock had a trading volume of 11,517 shares. The firm’s market cap is $194.80 million. TRANSAT AT has a 1-year low of $5.03 and a 1-year high of $8.70. The company’s 50 day moving average is $5.39 and its 200-day moving average is $5.82.

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About TRANSAT AT

Transat A.T. Inc is a Canada-based international tour operator that specializes in holiday travel. The Company’s primary business consists of developing and marketing holiday travel services in package and air-only formats. It operates as an outgoing, as well as an incoming tour operator by bundling services purchased in Canada and abroad, and reselling them primarily in Canada, France, the United Kingdom and in over 10 other European countries, directly or through intermediaries.

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