Research analysts at Genuity Capital raised their price target on shares of Transcontinental (TSE:TCL.A) from C$9.40 to C$11.90 in a report released on Friday, StockRatingsNetwork.com reports. The firm currently has a “sell” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Transcontinental (TSE:TCL.A) from C$9.40 to C$11.90 in a research note to investors on Friday. They now have a “sell” rating on the stock. Separately, analysts at National Bank Financial raised their price target on shares of Transcontinental (TSE:TCL.A) from C$15.00 to C$16.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Transcontinental (TSE:TCL.A) from C$13.50 to C$15.50 in a research note to investors on Friday. They now have an “outperform” rating on the stock.
Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of C$14.26.
Transcontinental Inc is a provider of Web solutions and marketing communications, and consumer magazine publisher.