Transcontinental Inc. (TSE:TCL.A) had its price target increased by equities researchers at Scotiabank from C$24.00 to C$26.50 in a research report issued on Friday. The brokerage currently has a “sector perform” rating on the stock.

A number of other brokerages have also recently weighed in on TCL.A. Canaccord Genuity lifted their price target on shares of Transcontinental from C$22.00 to C$24.00 in a research report on Friday, June 9th. Royal Bank Of Canada lifted their price target on shares of Transcontinental from C$23.00 to C$24.00 and gave the company a “sector perform” rating in a research report on Wednesday, June 7th. CIBC lifted their price target on shares of Transcontinental from C$28.00 to C$29.00 in a research report on Friday. National Bank Financial lifted their price target on shares of Transcontinental from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Friday. Finally, BMO Capital Markets lifted their price target on shares of 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. Five research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price 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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