TRANSAT AT (TRZ) Price Target Lowered to C$5.00 at TD Securities

TRANSAT AT (TSE:TRZ) had its price objective lowered by TD Securities from C$6.50 to C$5.00 in a research note issued to investors on Monday morning. TD Securities currently has a hold rating on the stock.

A number of other brokerages have also weighed in on TRZ. National Bank Financial lowered their price objective on TRANSAT AT from C$9.50 to C$7.00 and set a sector perform rating for the company in a research note on Friday, December 14th. CIBC lowered their price objective on TRANSAT AT from C$7.00 to C$6.00 in a research note on Friday.

TRZ stock opened at C$5.00 on Monday. TRANSAT AT has a 1 year low of C$4.52 and a 1 year high of C$9.53. The stock has a market capitalization of $187.94 million and a PE ratio of -4.40.

About TRANSAT AT

Transat A.T. Inc operates as an integrated tour operator in the Americas and Europe. It develops and markets holiday travel services in packages, including air travel and hotel stays, and air-only formats to 60 destinations in approximately 25 in the Americas and Europe. The company also operates as an outgoing tour operator to purchase various components of a trip locally or abroad and sell them separately or in packages to consumers in their local markets, through travel agencies, or through the Web.

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