National Bank Financial Cuts TRANSAT AT (TRZ) Price Target to C$13.00

TRANSAT AT (TSE:TRZ) had its price objective cut by National Bank Financial from C$14.00 to C$13.00 in a report issued on Friday morning. They currently have an outperform rating on the stock. National Bank Financial also issued estimates for TRANSAT AT’s FY2019 earnings at $0.52 EPS.

Other analysts have also recently issued research reports about the stock. Desjardins decreased their price target on shares of TRANSAT AT from C$18.00 to C$15.00 and set a buy rating on the stock in a research note on Friday. Beacon Securities cut shares of TRANSAT AT from a buy rating to a hold rating and decreased their target price for the company from C$13.25 to C$10.50 in a research report on Friday, March 16th. TD Securities decreased their target price on shares of TRANSAT AT from C$14.00 to C$12.00 and set a hold rating on the stock in a research report on Friday, March 16th. CIBC decreased their target price on shares of TRANSAT AT from C$10.50 to C$10.00 in a research report on Friday. Finally, Scotiabank upped their target price on shares of TRANSAT AT from C$10.00 to C$11.00 and gave the company a sector perform rating in a research report on Thursday, April 5th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. TRANSAT AT has a consensus rating of Buy and an average price target of C$11.81.

Shares of TRZ stock opened at C$7.93 on Friday. TRANSAT AT has a 52 week low of C$5.56 and a 52 week high of C$11.82.

About TRANSAT AT

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.

Analyst Recommendations for TRANSAT AT (TSE:TRZ)

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