Are you aware that buying a great Canadian company stock could prove useful to your financial future? Now, look at TRZ stock and consider if you may add it to your portfolio.
This article will help you to know whether Transat A.T. Stock is a good stock to buy now, whether it can go up, how you can buy TRZ stock, and its10-year point price prediction.
What is TRZ Stock?
TRZ Stock is a capital raising financial instrument of TRANSAT AT Inc., through which the company shares are traded in the Toronto Stock Exchange (TSX) under the ticker symbol ‘TRZ’, and all prices are listed in Canadian Dollars (C$).
The company provides vacation packages, hotel sojourns, and air travel services under the Transat and Air Transat brands to approximately 60 destinations in approximately 25 countries.
Its last market close was C$2.72 – a decrease of 6.85% over the previous week. Transat AT is a travel services business based in Canada with market cap of C$107.76 million and 37.94 million outstanding shares.
Is TRZ Stock a Good Buy Now?
The fundamentals of TRZ stock are coming out with mixed signals. There could be different interpretation regarding its current position.
You need to do more of research on TRZ’s technical analysis before you make any sell or buy or hold decision.
However, 3 Wall Street equities research analysts have issued buy-hold-sell ratings for Transat A.T. in the last twelve months which delivered 3 sell ratings for the stock.
The consensus among Wall Street equities research analysts is that investors should sell TRZ shares, and the reason is that TRZ has some potential for short term decline.
TRZ does not pay dividends; equity analysts expect its share price to rise in the long term which could mean a capital appreciation for investors.
Considering a host of other factors, 9 Penworld Gurus analysts carried out sell or buy or hold analysis on (TSX: TRZ) Stock. 4(44.44%) support a buy, 4(44.44%) support a sell, 1(11.11%) supports hold, and 0(0%) supports strong buy. This means both buy and sell are competing in the scale of this decision.
Will TRZ Stock Go Up?
Yes. Analysts expect TRZ price to rise especially in the long term.
The 7 analysts offering 12-month price forecasts for TRZ have a price target of 3.44 with a high forecast of 4.78 and a low forecast of 2.10.
The average price target represents a 25.09% change from the current price of C$2.75.
There is evidence that TRZ at 2.75 is slightly undervalued. We expect it to go up in the long term.
How to Buy TRZ Stock – Step-by-step guide
You can buy TRZ shares through online brokerage account.
To buy To buy Air Transat on the stock market, follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a platform that fits you.
Step 2: Open Your Brokerage Account.
You must open a trading account with your chosen brokerage firm. Complete an application form online with your details and follow other procedures that may be prescribed by your broker.
Step 3: Confirm Your Payment Details.
Then, pay minimum deposit into the account or you deposit sufficient money to the account so that you can trade with no financial hitch.
Ensure your payment detail is correct before you make such transfer using appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case -TRZ- and research it before deciding if it is a good investment for you now.
Step 5: Purchase Now or Later
Place a buy order to add Air Transat to your stock portfolio. Buy your preferred quantity of TRZ stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Check In On Your TRZ Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained and when to change investment strategy.
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TRZ Stock Price Forecast 2022, 2023-2033
We used Moving Average (MA) and Discounted Cash Flow (DCF) Models on Transat A.T stock historical price data. We then evaluated the fundamentals of TRZ to arrive at the following point-price prediction.
TRZ Stock Price Prediction 2022
TRZ stock price is projected to reach maximum at C$3.89 by the end of 2022.
The price is estimated to drop to as low as C$2.06.
The average price is expected to reach C$2.97. This means that TRZ price will reach about C$2.90 per share by the end of the year. Average price volatility is measured at 21.54%.
TRZ Stock Price Prediction 2023
In 2023, the price of TRZ is expected to reach a maximum value of C$4.27 and minimum price is estimated as C$2.45.
The average price is estimated as C$3.36. There is evidence that TRZ price will reach C$3.30 per share in the year. Average price volatility is 26.51%.
TRZ Stock Price Prediction 2024
Analysts predict that TRZ stock will reach a maximum trading price of C$5.60 and the minimum price is projected to reach C$2.84 in 2024.
Average price of TRZ is C$4.22. This means TRZ will trade at about C$4.20 per share in the year, given average price volatility as 21.49%.
TRZ Stock Price Prediction 2025
The year 2025 is estimated to end with C$7.12 maximum price and a minimum price of C$2.97.
The average price is C$5.04 with average price volatility at 20.31%. Analysts conclude that TRZ will reach C$5.00 per share in the year.
TRZ Stock Price Prediction 2026
Technical analysis by our stock experts shows that the price of TRZ in 2026 will reach C$3.44 minimum and C$7.94 maximum.
Average trading price of TRZ is C$5.68 and average price volatility measured at 24.08% in the year.
TRZ Stock Price Prediction 2027
We expect some improved fundamentals this year as TRZ heads into the long term.
The price is expected to go up to a minimum of C$3.86 and reaches the maximum at C$9.15. Average price is estimated at C$6.51 in 2027 with average price volatility measured at 19.21%.
There is evidence that the price of TRZ will reach C$6.50 per share in the year 2027, that is, 5 years from now. This shows that TRZ may grow by 136.36% in the next 5 years.
TRZ Stock Price Prediction 2028
TRZ stock price is expected to reach a maximum of C$10.79 and a minimum of C$4.06. Average trading price of TRZ is C$7.42, with about 18.10% average price volatility for the year.
TRZ Stock Price Prediction 2029
We expect TRZ to maintain upward movement based on the projected long term growth. In 2029 there will be C$4.57 minimum price and C$12.19 maximum price.
On the average, the TRZ trading price will be C$8.38 and average price volatility is measured at 21.30%. There is evidence that TRZ will reach about C$8.30 per share this year.
TRZ Stock Price Prediction 2030
Experts predict that TRZ Stock will attain C$13.66 by the year 2030 with the minimum price value expected to hit C$5.13
Average price of TRZ is estimated at C$9.39. This means TRZ stock will trade at C$9.30 per share in the year 2030, with average price volatility measured at 20.62%.
TRZ Stock Price Prediction 2031
It is estimated that TRZ stock will trade between C$5.64 and C$14.86 by the end of 2031. On the average, TRZ will trade at C$10.25.
Average price volatility is measured at 21.10 % during the year.
TRZ Stock Price Prediction 2032
In 2032, minimum projection is C$5.95 with maximum price reaching C$16.70. The average price of TRZ is C$11.32.
Average price volatility is measured at 18.47%. There is evidence TRZ will reach C$11.30 per share in the year.
TRZ Stock Price Prediction 2033
Technical and fundamental analyses by our stock experts show that the price of TRZ in 2033 will reach C$7.12 minimum and C$19.38 maximum.
The expected average trading price of TRZ is C$13.25 and the average price volatility is about 25.18%.
We conclude that in the next 10 years TRZ stock will trade at C$13.20 per share, which is about 380% increase from today’s price. This is not significant growth to sustain a steady buy.