Transcontinental (TSE:TCL.A) Share Price Passes Above Two Hundred Day Moving Average of $12.69

Shares of Transcontinental Inc. (TSE:TCL.AGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$12.69 and traded as high as C$14.35. Transcontinental shares last traded at C$14.15, with a volume of 118,666 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TCL.A shares. Scotiabank set a C$19.50 price target on Transcontinental and gave the company an “outperform” rating in a research note on Tuesday, February 13th. National Bankshares increased their price target on Transcontinental from C$18.00 to C$18.50 and gave the company an “outperform” rating in a research note on Monday, March 18th. Royal Bank of Canada increased their price target on Transcontinental from C$20.00 to C$21.00 and gave the company an “outperform” rating in a research note on Thursday, March 14th. CIBC increased their price target on Transcontinental from C$16.00 to C$17.00 in a research note on Friday, March 15th. Finally, Cormark increased their price target on Transcontinental from C$21.50 to C$23.00 in a research note on Thursday, March 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$19.08.

View Our Latest Analysis on Transcontinental

Transcontinental Stock Down 3.0 %

The firm has a 50 day moving average of C$14.13 and a 200 day moving average of C$12.69. The firm has a market cap of C$1.04 billion, a price-to-earnings ratio of 12.41, a PEG ratio of 6.05 and a beta of 1.00. The company has a quick ratio of 1.09, a current ratio of 2.16 and a debt-to-equity ratio of 53.48.

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.

Featured Articles

Receive News & Ratings for Transcontinental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transcontinental and related companies with MarketBeat.com's FREE daily email newsletter.