Transcontinental (TCL.A) – Analysts’ Recent Ratings Changes

Transcontinental (TSE: TCL.A) has recently received a number of price target changes and ratings updates:

• 12/16/2024 – Transcontinental had its price target raised by analysts at CIBC from C$20.00 to C$21.00.
• 12/13/2024 – Transcontinental had its price target raised by analysts at BMO Capital Markets from C$18.00 to C$20.00.
• 12/13/2024 – Transcontinental had its price target raised by analysts at National Bankshares, Inc. from C$21.00 to C$23.00.
• 12/13/2024 – Transcontinental had its price target raised by analysts at Scotiabank from C$19.50 to C$22.00.
• 12/10/2024 – Transcontinental had its price target raised by analysts at Royal Bank of Canada from C$22.00 to C$23.00.

Transcontinental Price Performance

TSE:TCL.A traded down C$0.08 on Monday, hitting C$18.00. The company had a trading volume of 193,104 shares, compared to its average volume of 152,575. The firm has a 50 day moving average of C$17.38 and a two-hundred day moving average of C$16.24. The stock has a market capitalization of C$1.28 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 6.05 and a beta of 0.98. Transcontinental Inc. has a 52 week low of C$13.10 and a 52 week high of C$18.85. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 54.12.

Transcontinental Inc engages in flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through three segments: Packaging, Printing, and Media. The Packaging segment engages in extrusion, lamination, printing, and converting activities, as well as offers flexible plastic and paper products, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings.