Canaccord Genuity Thinks Transcontinentl A SV’s Stock is Going to Recover


In a latest note to investors, a research analyst has provided a rating update for the Transcontinentl A SV (TCL.A). Analyst Aravinda Galappatthige from Canaccord Genuity remains bullish on the stock and has a C$18 price target.

According to TipRanks.com, Galappatthige is ranked #1717 out of 5540 analysts.

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Transcontinentl A SV has an analyst consensus of Moderate Buy, with a price target consensus of C$19.40, implying a 29.7% upside from current levels. In a report issued on August 29, RBC Capital also maintained a Buy rating on the stock with a C$25 price target.

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Transcontinentl A SV’s market cap is currently C$1.26B and has a P/E ratio of 9.57. The company has a Price to Book ratio of 0.79.

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 last Friday at C$14.83, close to its 52-week low of C$13.11.

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