Transcontinentl A SV (TCL.A), the Services sector company, was revisited by a Wall Street analyst yesterday. The company received a Buy rating from CIBC’s analyst Robert Bek, with a C$26 price target.
According to TipRanks.com, Bek is a 4-star analyst with an average return of 9.1% and a 63.2% success rate. Bek covers the Services sector, focusing on stocks such as Thomson Reuters Corp, DHX Media, and Cineplex.
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Currently, the analyst consensus on Transcontinentl A SV is a Moderate Buy with an average price target of C$25, representing a 31.6% upside. 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, close to its 52-week low of C$18.02.
