The Brokerages Set TRANSAT AT Inc (TRZ) Target Price at $7.57

The Brokerages Set TRANSAT AT Inc (TRZ) Target Price at $7.57

Shares of TRANSAT AT Inc (TSE:TRZ) have earned a consensus recommendation of “Hold” from the seven analysts that are covering the firm. Four analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$7.57.

A number of research firms recently weighed in on TRZ. Laurentian Bank of Canada lowered their target price on shares of TRANSAT AT from C$7.50 to C$6.50 and set a “hold” rating on the stock in a research note on Friday, December 16th. Laurentian lowered their target price on shares of TRANSAT AT from C$7.50 to C$6.50 and set a “hold” rating on the stock in a research note on Friday, December 16th. Desjardins lowered their target price on shares of TRANSAT AT from C$8.00 to C$7.00 in a research note on Friday, December 16th. TD Securities reissued a “hold” rating and issued a C$7.00 target price on shares of TRANSAT AT in a research note on Friday, December 16th. Finally, Scotiabank cut shares of TRANSAT AT from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from C$8.00 to C$7.00 in a research note on Monday, December 19th.

Shares of TRANSAT AT (TSE:TRZ) opened at 5.23 on Thursday. The company’s market cap is $192.95 million. The company’s 50-day moving average price is $5.53 and its 200 day moving average price is $6.20. TRANSAT AT has a one year low of $5.06 and a one year high of $8.70.

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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