In a new note to investors on May 16, an analyst has provided a rating update for Transat A.T. V & VV (TRZ). Scotiabank’s analyst Turan Quettawala reiterates their Hold rating on the shares, with a C$13 price target.
According to TipRanks.com, Quettawala is a 5-star analyst with an average return of 8.9% and a 70.4% success rate. Quettawala covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Canadian Railway, and Canadian Pacific.
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Transat A.T. V & VV has an analyst consensus of Hold, with a price target consensus of C$13, an 8.4% upside from current levels. In a report issued on May 17, CIBC also upgraded the stock to Hold with a C$13 price target.
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Transat A.T. V & VV’s market cap is currently C$450.9M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.82.
Transat A.T., Inc. develops and markets holiday travel services in packages, including air travel and hotel stays, and air-only formats. The company offers vacation packages, hotel stays and air travel under the Transat and Air Transat brands. It operates through Holiday Travel segment.
The company’s shares closed on Friday at C$11.99, close to its 52-week high of C$12.50.
