National Bank Financial Cuts TRANSAT AT (TRZ) Price Target to C$6.00

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TRANSAT AT (TSE:TRZ) had its price objective dropped by research analysts at National Bank Financial from C$7.00 to C$6.00 in a research note issued on Friday. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 22.45% from the company’s current price.

Separately, TD Securities upped their target price on TRANSAT AT from C$7.00 to C$8.00 and gave the stock a “hold” rating in a research note on Monday, December 17th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. TRANSAT AT presently has an average rating of “Hold” and an average price target of C$10.19.

TSE:TRZ traded up C$0.05 during trading hours on Friday, reaching C$4.90. The company had a trading volume of 167,665 shares, compared to its average volume of 49,339. TRANSAT AT has a 1-year low of C$4.52 and a 1-year high of C$9.53. The company has a market capitalization of $182.28 million and a PE ratio of 49.00.

TRANSAT AT (TSE:TRZ) last announced its quarterly earnings results on Thursday, December 13th. The company reported C$0.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.39 by C$0.06. The company had revenue of C$668.27 million during the quarter, compared to analyst estimates of C$663.50 million. On average, equities research analysts anticipate that TRANSAT AT will post 0.05 EPS for the current year.


Transat A.T. Inc operates as an integrated tour operator in the Americas and Europe. It develops and markets holiday travel services in packages, including air travel and hotel stays, and air-only formats to 60 destinations in approximately 25 in the Americas and Europe. The company also operates as an outgoing tour operator to purchase various components of a trip locally or abroad and sell them separately or in packages to consumers in their local markets, through travel agencies, or through the Web.

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Analyst Recommendations for TRANSAT AT (TSE:TRZ)

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