Transcontinental (TSE:TCL) Downgraded by Scotiabank to Hold

Scotiabank lowered shares of Transcontinental (TSE:TCL) from a strong-buy rating to a hold rating in a research note published on Friday morning,Zacks.com reports.

Transcontinental Price Performance

Transcontinental has a 52-week low of C$23.27 and a 52-week high of C$31.95.

About Transcontinental

Transcontinental Inc is a Canada-based 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.