Transat A.T. V & VV Gets a Sell Rating from CIBC

By Carrie Williams

Transat A.T. V & VV (TSX: TRZ), the Services sector company, has received a rating update from a Wall Street analyst on July 14. Analyst Kevin Chiang from CIBC reiterated a Sell rating, with a C$7 price target on July 14.

Chiang has an average return of 10.5% when recommending Transat A.T. V & VV.

According to TipRanks.com, Chiang is ranked #440 out of 4599 analysts.

Transat A.T. V & VV has an analyst consensus of Hold, with a price target consensus of C$7.25.

Transat A.T. V & VV’s market cap is currently C$225.5M and has a P/E ratio of 55.5.

Transat A.T., Inc. is a tourism company. It focuses on providing holiday travel and engages in air transportation, accommodation, travel packaging and distribution. The company was founded by Jean-Marc Eustache, Lina De Cesare and Philippe Sureau on February 13, 1987 and is headquartered in Montreal, Canada.

The company’s shares closed on Friday at C$6.10.