National Bank Financial Weighs in on TRANSAT AT Inc’s Q1 2018 Earnings (TRZ)

TRANSAT AT Inc (TSE:TRZ) – Investment analysts at National Bank Financial issued their Q1 2018 earnings estimates for TRANSAT AT in a research report issued on Tuesday. National Bank Financial analyst C. Doerksen expects that the company will post earnings per share of ($0.88) for the quarter. National Bank Financial currently has a “Outperform” rating and a $15.00 target price on the stock. National Bank Financial also issued estimates for TRANSAT AT’s FY2018 earnings at $0.38 EPS and FY2019 earnings at $0.49 EPS.

TRZ has been the subject of several other reports. Desjardins increased their price objective on TRANSAT AT from C$14.00 to C$15.00 in a report on Friday, September 8th. Scotiabank increased their price objective on TRANSAT AT from C$10.00 to C$10.50 and gave the company a “sector perform” rating in a report on Friday, December 15th. CIBC reduced their price objective on TRANSAT AT from C$11.00 to C$10.50 in a report on Monday, September 11th. Finally, TD Securities increased their price objective on TRANSAT AT from C$11.00 to C$12.00 and gave the company a “hold” rating in a report on Friday, September 8th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$11.93.

TRANSAT AT (TRZ) opened at C$11.31 on Friday. TRANSAT AT has a twelve month low of C$5.03 and a twelve month high of C$11.82. The firm has a market capitalization of $419.32, a price-to-earnings ratio of 3.15 and a beta of 0.49.

In related news, Director Jean-Pierre Delisle bought 4,800 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were purchased at an average price of C$10.30 per share, for a total transaction of C$49,440.00. In the last 90 days, insiders have acquired 6,340 shares of company stock worth $65,184.

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About TRANSAT AT

Transat A.T. Inc operates as an integrated tour operator primarily in the Americas and Europe. It develops and markets holiday travel services in package and air-only formats in approximately 50 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.

Earnings History and Estimates for TRANSAT AT (TSE:TRZ)

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