National Bank Financial Equities Analysts Raise Earnings Estimates for Transcontinental Inc. (TCL)
Transcontinental Inc. (TSE:TCL) – Equities research analysts at National Bank Financial lifted their FY2019 earnings per share estimates for Transcontinental in a research note issued to investors on Thursday. National Bank Financial analyst A. Shine now anticipates that the company will earn $2.72 per share for the year, up from their prior forecast of $2.69. National Bank Financial currently has a “Outperform Market Weight” rating on the stock.
Transcontinental (TSE:TCL) traded down C$0.05 during mid-day trading on Monday, reaching C$25.70. The company’s stock had a trading volume of 63,571 shares, compared to its average volume of 81,396. Transcontinental has a 52 week low of C$20.22 and a 52 week high of C$31.95.
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.
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