Transcontinental Inc. (TSE:TCL.A) Stock Has Average Target Price of C$9.86

Shares of Transcontinental Inc. (TSE:TCL.A) have been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$9.86.

A number of equities analysts recently issued reports on TCL.A shares. National Bank Financial dropped their price objective on Transcontinental from C$8.00 to C$7.00 and set an “outperform” rating for the company in a report on Thursday, September 10th. ATB Cormark Capital Markets upped their price objective on Transcontinental from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Friday, September 11th.

Transcontinental Trading Down 3.2%

Shares of TSE TCL.A opened at C$5.48 on Thursday. The company has a debt-to-equity ratio of 54.12, a quick ratio of 1.09 and a current ratio of 1.49. The business’s 50 day moving average price is C$5.33 and its 200-day moving average price is C$5.35. Transcontinental has a fifty-two week low of C$4.16 and a fifty-two week high of C$25.65. The company has a market cap of C$458.23 million, a price-to-earnings ratio of 1.38, a PEG ratio of 6.05 and a beta of 0.33.

Transcontinental Company Profile

Transcontinental, or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions.