Transcontinental Inc. (TCL.A) Price Target Increased to C$24.00 by Analysts at Scotiabank
Transcontinental Inc. (TSE:TCL.A) had its price target lifted by stock analysts at Scotiabank from C$23.00 to C$24.00 in a research report issued on Friday. The firm presently has a “sector perform” rating on the stock.
A number of other equities research analysts have also recently commented on TCL.A. CIBC increased their price target on Transcontinental from C$23.00 to C$24.00 in a research note on Monday, March 6th. Royal Bank of Canada raised their price objective on Transcontinental from C$23.00 to C$24.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Finally, Canaccord Genuity raised their price objective on Transcontinental from C$20.00 to C$22.00 in a research note on Monday, March 6th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of C$24.00.
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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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