In a new note to investors today, an analyst has provided a rating update for the Services sector company, Transcontinentl A SV (TSX: TCL.A). National Bank’s analyst Adam Shine upgraded TCL.A to Buy , with a C$30 price target.
According to TipRanks.com, Shine is ranked #2761 out of 4870 analysts.
Currently, the analyst consensus on Transcontinentl A SV is a Moderate Buy with an average price target of C$30.67, implying a 19.8% upside from current levels. In a report issued on September 4, RBC Capital also reiterated a Buy rating on the stock with a C$34 price target.
Transcontinentl A SV’s market cap is currently C$2.24B and has a P/E ratio of 9.1. The company has a Price to Book ratio of 1.40.
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 Wednesday at C$25.60.