Transcontinental Inc. (TSE:TCL.A - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$17.55 and traded as high as C$18.44. Transcontinental shares last traded at C$18.16, with a volume of 375,314 shares changing hands.
Analysts Set New Price Targets
TCL.A has been the subject of a number of analyst reports. Royal Bank of Canada upped their price objective on shares of Transcontinental from C$22.00 to C$23.00 in a research report on Tuesday, December 10th. CIBC boosted their price target on shares of Transcontinental from C$20.00 to C$21.00 in a research note on Monday, December 16th. BMO Capital Markets raised their price objective on shares of Transcontinental from C$18.00 to C$20.00 in a research report on Friday, December 13th. Scotiabank increased their target price on Transcontinental from C$19.50 to C$22.00 in a research note on Friday, December 13th. Finally, National Bankshares raised their price target on Transcontinental from C$21.00 to C$23.00 in a report on Friday, December 13th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Transcontinental has an average rating of "Moderate Buy" and a consensus price target of C$22.21.
Get Our Latest Stock Analysis on Transcontinental
Transcontinental Stock Performance
The stock's fifty day simple moving average is C$17.85 and its 200-day simple moving average is C$17.58. The company has a quick ratio of 1.09, a current ratio of 1.49 and a debt-to-equity ratio of 54.12. The company has a market capitalization of C$1.32 billion, a PE ratio of 13.95, a PEG ratio of 6.05 and a beta of 0.98.
Transcontinental Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Transcontinental, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Transcontinental wasn't on the list.
While Transcontinental currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
