Transcontinental (TSE:TCL.A) had its price target reduced by equities researchers at Scotiabank from C$26.50 to C$26.00 in a research report issued on Friday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 0.35% from the stock’s previous close.

Several other equities analysts also recently commented on TCL.A. Royal Bank of Canada upped their price target on shares of Transcontinental from C$27.00 to C$28.00 and gave the company a “sector perform” rating in a report on Monday, December 11th. CIBC upped their price target on shares of Transcontinental from C$28.00 to C$29.00 in a report on Friday, September 8th. BMO Capital Markets upped their price target on shares of Transcontinental from C$25.00 to C$26.00 and gave the company a “market perform” rating in a report on Friday, September 8th. National Bank Financial upped their price target on shares of Transcontinental from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a report on Friday, September 8th. Finally, Canaccord Genuity upped their price target on shares of Transcontinental from C$24.00 to C$25.00 in a report on Friday, September 8th.

Transcontinental (TCL.A) opened at C$25.91 on Friday. Transcontinental has a fifty-two week low of C$20.22 and a fifty-two week 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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