TRANSAT AT Inc (TSE:TRZ)‘s stock had its “hold” rating reiterated by investment analysts at Desjardins in a note issued to investors on Friday.
A number of other research analysts have also commented on the stock. TD Securities upped their price objective on shares of TRANSAT AT from C$6.50 to C$7.00 and gave the company a “hold” rating in a research report on Wednesday, December 7th. Scotiabank reaffirmed a “sector perform” rating and set a C$7.00 price objective on shares of TRANSAT AT in a research report on Friday. CIBC cut their price objective on shares of TRANSAT AT from C$6.00 to C$5.50 in a research report on Friday. Laurentian cut their price objective on shares of 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. Finally, Beacon Securities reaffirmed a “buy” rating on shares of TRANSAT AT in a research report on Friday. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of C$7.21.
TRANSAT AT (TSE:TRZ) opened at 5.32 on Friday. TRANSAT AT has a 52 week low of $5.03 and a 52 week high of $8.70. The firm’s market capitalization is $196.27 million. The firm has a 50-day moving average price of $5.39 and a 200-day moving average price of $5.80.
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TRANSAT AT Company Profile
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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