Transcontinental Inc. (TCL.A) Receives C$18.75 Average Price Target from Analysts
Shares of Transcontinental Inc. (TSE:TCL.A) have received an average rating of “Hold” from the six brokerages that are currently covering the firm. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$18.75.
A number of analysts recently weighed in on TCL.A shares. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$14.00 price objective on shares of Transcontinental in a research report on Wednesday, August 31st. Scotiabank upped their target price on shares of Transcontinental from C$20.00 to C$21.50 and gave the stock a “sector perform” rating in a research note 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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