Transcontinental (TCLAF) Expected to Announce Earnings on Tuesday

Transcontinental (OTCMKTS:TCLAF) is projected to post its results before the market opens on Tuesday, March 10th. Analysts expect Transcontinental to post earnings of $0.1656 per share and revenue of $258.00 million for the quarter.

Transcontinental Stock Up 0.5%

OTCMKTS:TCLAF opened at $17.06 on Friday. The stock’s 50 day moving average price is $16.88 and its two-hundred day moving average price is $15.38. Transcontinental has a twelve month low of $11.77 and a twelve month high of $18.00.

Analysts Set New Price Targets

Several equities analysts have commented on TCLAF shares. National Bank Financial reissued an “outperform” rating on shares of Transcontinental in a research report on Tuesday, December 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Transcontinental in a research note on Friday, December 12th. Finally, Scotiabank reissued a “sector perform” rating on shares of Transcontinental in a research note on Tuesday, December 9th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About Transcontinental

Transcontinental Inc is a Canada-based company specializing in printing and flexible packaging solutions. Through its print segment, the company provides commercial printing, specialty media and label products for a range of industries, including publishing, retail and healthcare. Its flexible packaging segment designs and manufactures printed and laminated films, pouches, wrappers and labels used primarily in food and beverage, personal care, home care and pharmaceutical markets.

Founded in 1976 by Rémi Marcoux, Transcontinental has evolved from a regional printing operation into one of North America’s largest printers and a leading flexible-packaging manufacturer.