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

Transcontinental Inc. (TSE:TCL.A) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$9.86.

Several research analysts have weighed in on the company. ATB Cormark Capital Markets increased their price objective on Transcontinental from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a research report on Friday, September 11th. National Bank Financial reduced their price target on Transcontinental from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a report on Thursday, September 10th.

Transcontinental Stock Performance

Shares of TCL.A stock opened at C$5.37 on Thursday. The company has a fifty day moving average price of C$5.32 and a two-hundred day moving average price of C$5.34. Transcontinental has a one year low of C$4.16 and a one year high of C$25.65. The stock has a market cap of C$449.03 million, a P/E ratio of 1.35, a P/E/G ratio of 6.05 and a beta of 0.33. The company has a debt-to-equity ratio of 54.12, a current ratio of 1.49 and a quick ratio of 1.09.

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.