In a new note to investors today, an analyst has provided a rating update for Transcontinentl A SV (TCL.A). Analyst Adam Shine from National Bank reiterated a Buy rating, with a C$22 price target.
According to TipRanks.com, Shine is a 4-star analyst with an average return of 6.4% and a 66.7% success rate. Shine covers the Services sector, focusing on stocks such as Thomson Reuters Corp, DHX Media, and Cineplex.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Transcontinentl A SV with a C$24.50 average price target, which is a 26.4% 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 Friday at C$19.39, close to its 52-week low of C$18.02.
