Transat A.T. (OTCMKTS:TRZBF) Price Target Raised to C$5.25

Transat A.T. (OTCMKTS:TRZBF) had its price target boosted by research analysts at Scotiabank from C$4.00 to C$5.25 in a report released on Friday, The Fly reports. The firm currently has a “sector perform” rating on the stock.

TRZBF has been the topic of several other reports. TD Securities boosted their price objective on Transat A.T. from C$3.00 to C$3.50 and gave the stock a “reduce” rating in a research note on Friday. CIBC cut their target price on Transat A.T. from C$4.00 to C$3.00 and set an “underperform” rating on the stock in a research report on Friday, May 28th.

Shares of Transat A.T. stock traded up $0.67 during trading hours on Friday, reaching $4.82. The company’s stock had a trading volume of 2,208 shares, compared to its average volume of 2,365. The business’s 50 day simple moving average is $3.92. Transat A.T. has a one year low of $2.94 and a one year high of $5.02.

About Transat A.T.

Transat A.T. Inc operates as an integrated international tourism company 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 countries. 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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