Transcontinental (TCL.A) Given New C$28.00 Price Target at Royal Bank of Canada
Transcontinental (TSE:TCL.A) had its price objective boosted by Royal Bank of Canada from C$27.00 to C$28.00 in a research note published on Monday morning. They currently have a sector perform rating on the stock.
Other analysts have also recently issued research reports about the company. BMO Capital Markets increased their price objective on Transcontinental from C$25.00 to C$26.00 and gave the stock a market perform rating in a report on Friday, September 8th. Canaccord Genuity increased their price objective on Transcontinental from C$24.00 to C$25.00 in a report on Friday, September 8th. Scotiabank increased their price objective on Transcontinental from C$24.00 to C$26.50 and gave the stock a sector perform rating in a report on Friday, September 8th. National Bank Financial raised Transcontinental from a sector perform rating to an outperform rating and increased their price objective for the stock from C$26.00 to C$32.00 in a report on Friday, October 27th. Finally, CIBC increased their price objective on Transcontinental from C$28.00 to C$29.00 in a report on Friday, September 8th.
Transcontinental (TCL.A) opened at C$27.60 on Monday. Transcontinental has a 1 year low of C$20.22 and a 1 year high of C$31.95.
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Transcontinental Company Profile
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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