Transcontinental Inc. (TSE:TCL.A) had its price objective lifted by analysts at BMO Capital Markets from C$25.00 to C$26.00 in a report released on Friday. The brokerage currently has a “market perform” rating on the stock.

Several other equities research analysts have also commented on TCL.A. National Bank Financial upped their price objective on Transcontinental from C$25.00 to C$26.00 and gave the stock a “sector perform” rating in a research note on Friday. Scotiabank upped their price objective on Transcontinental from C$24.00 to C$26.50 and gave the stock a “sector perform” rating in a research note on Friday. CIBC upped their price objective on Transcontinental from C$28.00 to C$29.00 in a research note on Friday. Canaccord Genuity upped their price objective on Transcontinental from C$24.00 to C$25.00 in a research note on Friday. Finally, Royal Bank Of Canada upped their price objective on Transcontinental from C$25.00 to C$26.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Five research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and a consensus price target of C$26.42.

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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.

Analyst Recommendations for Transcontinental (TSE:TCL.A)

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