Transcontinental Inc. (TSE:TCL.A) was upgraded by research analysts at National Bank Financial from a “sector perform” rating to an “outperform” rating in a research report issued on Friday. The firm presently has a C$32.00 price objective on the stock, up from their prior price objective of C$26.00.

Other equities analysts have also issued reports about the company. BMO Capital Markets lifted their price objective on Transcontinental from C$25.00 to C$26.00 and gave the stock a “market perform” rating in a research note on Friday, September 8th. Canaccord Genuity lifted their price objective on Transcontinental from C$24.00 to C$25.00 in a research note on Friday, September 8th. Royal Bank Of Canada lifted 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, September 6th. Scotiabank lifted 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, September 8th. Finally, CIBC lifted their price objective on Transcontinental from C$28.00 to C$29.00 in a research note on Friday, September 8th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Transcontinental currently has an average rating of “Hold” and a consensus target price of C$27.42.

COPYRIGHT VIOLATION WARNING: “Transcontinental Inc. (TCL.A) Upgraded to Outperform by National Bank Financial” was reported by American Banking News and is the property of of American Banking News. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/10/27/transcontinental-inc-tcl-a-upgraded-to-outperform-by-national-bank-financial.html.

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)

Receive News & Ratings for Transcontinental Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental Inc. and related companies with MarketBeat.com's FREE daily email newsletter.