RBC Capital Reiterates a Buy Rating on Transcontinentl A SV (TCL.A)


Transcontinentl A SV (TCL.A), the Services sector company, has received a rating update from a Wall Street analyst today. The company received a Buy rating from RBC Capital’s analyst Drew Mcreynolds, with a C$29 price target.

According to TipRanks.com, Mcreynolds is ranked #1468 out of 5224 analysts.

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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$26 average price target, which is a 37.2% upside from current levels. In a report released today, Canaccord Genuity also reiterated a Buy rating on the stock with a C$27 price target.

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The company has a one-year high of C$32.89 and a one-year low of C$18.02. Currently, Transcontinentl A SV has an average volume of 275.7K.

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.

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