Transcontinental (TSE:TCL.A)’s share price rose 0% during trading on Monday . The stock traded as high as C$27.69 and last traded at C$27.32. Approximately 164,059 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 140,806 shares. The stock had previously closed at C$27.32.
TCL.A has been the subject of several research analyst reports. Royal Bank of Canada increased their price objective on shares of Transcontinental from C$27.00 to C$28.00 and gave the company a “sector perform” rating in a research report on Monday, December 11th. Scotiabank decreased their price objective on shares of Transcontinental from C$26.50 to C$26.00 and set a “sector perform” rating for the company in a research report on Friday, December 15th. National Bank Financial decreased their price objective on shares of Transcontinental from C$32.00 to C$31.00 and set an “outperform” rating for the company in a research report on Friday, December 22nd. CIBC increased their price target on shares of Transcontinental from C$29.00 to C$30.00 in a report on Friday, March 2nd. Finally, Canaccord Genuity increased their price target on shares of Transcontinental from C$25.00 to C$27.00 in a report on Friday, March 2nd.
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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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