Today, an analyst has provided a rating update for the Services sector company, Transcontinentl A SV (TCL.A). The company received a Buy rating from Canaccord Genuity’s analyst Aravinda Galappatthige, with a C$27 price target.
According to TipRanks.com, Galappatthige is a 1-star analyst with an average return of -0.4% and a 54.4% success rate. Galappatthige covers the Services sector, focusing on stocks such as Shaw Communications Inc, Thomson Reuters Corp, and IMAX Corp.
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Transcontinentl A SV has an analyst consensus of Moderate Buy, with a price target consensus of C$26, implying a 37.2% upside from current levels. In a report released today, RBC Capital also reiterated a Buy rating on the stock with a C$29 price target.
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Transcontinentl A SV’s market cap is currently C$1.66B and has a P/E ratio of 8.1. The company has a Price to Book ratio of 1.01.
Transcontinental, Inc. engages in the provision of print and digital media, flexible packaging, and publishing services. It operates through the following business segments: Printing and Packaging Sector; Media Sector; and Head Office and Inter-Segment Eliminations.
The company’s shares closed on Thursday at C$18.95, close to its 52-week low of C$18.02.
