Transcontinental Inc. (TSE:TCL.A) had its price objective raised by Scotiabank from C$24.00 to C$26.50 in a report published on Friday morning. Scotiabank currently has a sector perform rating on the stock.
A number of other analysts have also recently issued reports on TCL.A. BMO Capital Markets upped their target price on Transcontinental from C$22.00 to C$25.00 and gave the company a market perform rating in a research report on Friday, June 9th. Canaccord Genuity increased their price objective on Transcontinental from C$22.00 to C$24.00 in a research report on Friday, June 9th. Royal Bank Of Canada increased their target price on Transcontinental from C$23.00 to C$24.00 and gave the stock a sector perform rating in a research note on Wednesday, June 7th. National Bank Financial increased their target price on Transcontinental from C$25.00 to C$26.00 and gave the stock a sector perform rating in a research note on Friday. Finally, CIBC increased their target price on Transcontinental from C$28.00 to C$29.00 in a research note on Friday. Five investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of Hold and an average price target of C$26.42.
Transcontinental Inc is a printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.
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