Analysts Set Transat A.T. Inc. (TSE:TRZ) Price Target at C$3.33

Transat A.T. Inc. (TSE:TRZ) has been given a consensus rating of “Reduce” by the five ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$2.83.

A number of brokerages have commented on TRZ. Desjardins upped their target price on shares of Transat A.T. from C$3.00 to C$3.30 and gave the company a “hold” rating in a report on Tuesday, December 23rd. TD Securities downgraded shares of Transat A.T. from a “buy” rating to a “hold” rating and cut their price objective for the company from C$5.00 to C$3.00 in a research report on Wednesday, February 11th.

Transat A.T. Trading Up 2.8%

Transat A.T. stock opened at C$2.55 on Wednesday. Transat A.T. has a 52-week low of C$1.41 and a 52-week high of C$3.25. The company has a market cap of C$103.43 million, a P/E ratio of 0.45, a P/E/G ratio of -0.04 and a beta of 0.80. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of -241.60. The business has a 50-day simple moving average of C$2.63 and a two-hundred day simple moving average of C$2.56.

Transat A.T. Company Profile

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.