Transat A.T. (OTCMKTS:TRZBF) PT Raised to C$3.50 at TD Securities

Transat A.T. (OTCMKTS:TRZBF) had its price objective boosted by TD Securities from C$3.00 to C$3.50 in a research note issued on Friday, The Fly reports. The brokerage presently has a “reduce” rating on the stock.

A number of other analysts also recently weighed in on TRZBF. Scotiabank decreased their price target on Transat A.T. from $5.50 to $4.00 and set a “sector perform” rating for the company in a report on Monday, April 5th. CIBC decreased their target price on Transat A.T. from C$4.00 to C$3.00 and set an “underperform” rating for the company in a research note on Friday, May 28th.

Shares of TRZBF traded up $0.67 during trading hours on Friday, hitting $4.82. 2,208 shares of the stock were exchanged, compared to its average volume of 2,365. Transat A.T. has a fifty-two week low of $2.94 and a fifty-two week high of $5.02. The business’s 50-day simple moving average is $3.92.

Transat A.T. Company Profile

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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