Transcontinental (TSE:TCL.A) had its target price raised by CIBC from C$30.00 to C$34.00 in a report published on Monday.
Several other brokerages also recently weighed in on TCL.A. National Bank Financial increased their price target on shares of Transcontinental from C$31.00 to C$32.00 and gave the stock an outperform rating in a research report on Friday, March 2nd. Canaccord Genuity increased their price target on shares of Transcontinental from C$25.00 to C$27.00 in a research report on Friday, March 2nd. Finally, Royal Bank of Canada raised shares of Transcontinental from a sector perform rating to an outperform rating and increased their price target for the stock from C$29.00 to C$30.00 in a research report on Friday, April 20th.
Shares of Transcontinental stock opened at C$27.28 on Monday. Transcontinental has a 1-year low of C$23.27 and a 1-year 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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