Transcontinental Inc. (TSE:TCL.A) had its target price increased by investment analysts at CIBC from C$28.00 to C$29.00 in a research report issued to clients and investors on Friday.

TCL.A has been the subject of several other reports. Royal Bank Of Canada increased their price objective on Transcontinental from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Wednesday. BMO Capital Markets increased their price objective 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. National Bank Financial increased their price objective on Transcontinental from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Friday. Scotiabank increased their price objective on Transcontinental from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Friday, June 9th. Finally, Canaccord Genuity increased their price objective on Transcontinental from C$22.00 to C$24.00 in a research report on Friday, June 9th. Five analysts have rated the stock with a hold rating, Transcontinental currently has a consensus rating of “Hold” and an average price target of C$26.42.

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About Transcontinental

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.

Analyst Recommendations for Transcontinental (TSE:TCL.A)

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