Transcontinental (TSE:TCL.A) had its price objective lifted by research analysts at Royal Bank Of Canada from C$27.00 to C$28.00 in a note issued to investors on Monday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 2.34% from the stock’s previous close.

TCL.A has been the topic of a number of other research reports. National Bank Financial raised shares of Transcontinental from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$26.00 to C$32.00 in a report on Friday, October 27th. BMO Capital Markets increased their price objective on shares of 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 increased their price objective on shares of Transcontinental from C$24.00 to C$25.00 in a research note on Friday, September 8th. Scotiabank increased their price objective on shares of 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 increased their price objective on shares of Transcontinental from C$28.00 to C$29.00 in a research note on Friday, September 8th.

Shares of Transcontinental (TSE TCL.A) traded down C$0.18 during mid-day trading on Monday, reaching C$27.36. 19,044 shares of the company traded hands, compared to its average volume of 82,568. Transcontinental has a one year low of C$20.22 and a one year high of C$31.95.

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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.

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