Brokerages Set Transcontinental Inc. (TCL.A) Target Price at $18.75
Shares of Transcontinental Inc. (TSE:TCL.A) have earned a consensus rating of “Hold” from the six research firms that are presently covering the firm. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$18.75.
A number of brokerages have issued reports on TCL.A. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$19.00 target price on shares of Transcontinental in a research note on Friday, September 9th. Scotiabank raised their price objective on Transcontinental from C$20.00 to C$21.50 and gave the stock a “sector perform” rating in a research report on Wednesday, July 27th.
Transcontinental Company Profile
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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