TRANSAT AT (TSE:TRZ) had its price target boosted by equities research analysts at National Bank Financial from C$13.50 to C$15.00 in a research note issued to investors on Wednesday, December 20th. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 35.26% from the company’s current price. National Bank Financial also issued estimates for TRANSAT AT’s Q1 2018 earnings at ($0.88) EPS, FY2018 earnings at $0.38 EPS and FY2019 earnings at $0.49 EPS.
Other analysts have also issued reports about the stock. TD Securities upped their price objective on shares of TRANSAT AT from C$11.00 to C$12.00 and gave the company a “hold” rating in a research note on Friday, September 8th. Scotiabank dropped their target price on TRANSAT AT from C$10.00 to C$7.50 and set a “sector perform” rating on the stock in a report on Tuesday, August 22nd. CIBC dropped their target price on TRANSAT AT from C$11.00 to C$10.50 in a report on Monday, September 11th. Laurentian upgraded TRANSAT AT from a “hold” rating to a “buy” rating and set a C$10.25 target price on the stock in a report on Tuesday, August 22nd. Finally, Laurentian Bank of Canada upgraded TRANSAT AT from a “hold” rating to a “buy” rating and set a C$10.25 target price on the stock in a report on Tuesday, August 22nd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. TRANSAT AT has a consensus rating of “Buy” and a consensus target price of C$11.93.
TRANSAT AT (TRZ) traded up C$0.12 during mid-day trading on Wednesday, reaching C$11.09. 111,500 shares of the company’s stock were exchanged, compared to its average volume of 81,760. TRANSAT AT has a 52 week low of C$5.03 and a 52 week high of C$11.82. The stock has a market capitalization of $411.53, a price-to-earnings ratio of 3.09 and a beta of 0.49.
In other news, Director Jean-Pierre Delisle acquired 4,800 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average price of C$10.30 per share, for a total transaction of C$49,440.00. Insiders purchased 6,340 shares of company stock worth $65,184 in the last 90 days.
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TRANSAT AT Company Profile
Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 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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