A number of other research firms also recently weighed in on TRZ. Cormark lifted their price objective on TRANSAT AT from C$13.00 to C$14.00 in a report on Tuesday, July 10th. TD Securities downgraded TRANSAT AT from a buy rating to a hold rating and decreased their price objective for the company from C$11.50 to C$8.50 in a report on Friday. CIBC decreased their price objective on TRANSAT AT from C$10.00 to C$8.50 in a report on Friday. Laurentian decreased their price objective on TRANSAT AT from C$12.50 to C$11.00 in a report on Friday. Finally, Desjardins decreased their price objective on TRANSAT AT from C$18.00 to C$15.00 and set a buy rating on the stock in a report on Friday, June 15th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of C$11.00.
TSE TRZ opened at C$8.25 on Thursday. TRANSAT AT has a 1-year low of C$7.02 and a 1-year high of C$11.82.
TRANSAT AT Company Profile
Transat A.T. Inc operates as an integrated tour operator in the Americas, Europe, and the Middle East. It develops and markets holiday travel services in package and air-only formats; and offers vacation packages, hotel stays, and air travel to 60 destinations in 26 countries. The company also operates as an outgoing and incoming tour operator by bundling services bought in Canada and abroad, and reselling them in Canada, France, the United Kingdom, and 10 European countries directly or through intermediaries.
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