Transcontinental Inc. (TSE:TCL.A – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$18.00 and last traded at C$17.95, with a volume of 44727 shares. The stock had previously closed at C$17.64.
Analyst Upgrades and Downgrades
TCL.A has been the topic of several recent analyst reports. BMO Capital Markets boosted their target price on shares of Transcontinental from C$16.50 to C$18.00 and gave the company a “market perform” rating in a research note on Friday, September 13th. CIBC upped their price target on Transcontinental from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$20.50.
View Our Latest Stock Analysis on TCL.A
Transcontinental Stock Performance
Transcontinental Company Profile
Transcontinental Inc engages in flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through three segments: Packaging, Printing, and Media. The Packaging segment engages in extrusion, lamination, printing, and converting activities, as well as offers flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.
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