Transcontinental Maintained at Market Perform at BMO Following Packaging Unit Sale; Price Target Kept at C$27.00

MT Newswires Live12-10

BMO Capital Markets on Tuesday reiterated its market-perform rating on the shares of Transcontinental (TCL-A.TO) and its C$27.00 price target after the company agreed to sell its packaging operations for C$2.1 billion.

"We view Transcontinental's planned Packaging divestiture positively, as it surfaces immediate value for shareholders. The sale represents the end of a decade of investment, following entry into Packaging through acquisition in 2014 (and more meaningfully in 2018). Post-sale, management focus turns to pockets of growth in RS&P (notably ISM) and Media (~32% PF revenues), to try to fully offset secular headwinds in traditional printing. While we see potential near-term upside in the stock related to the special dividend, we believe multiple expansion for printing will remain constrained," analyst Stephen MacLeod wrote

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 23.47, Change: -0.19, Percent Change: -0.80

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2590898323?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-10 00:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2590898323","market":"sh","top_or_hot":-1,"title":"Transcontinental Maintained at Market Perform at BMO Following Packaging Unit Sale; Price Target Kept at C$27.00","media":"MT Newswires Live","content":"<html><body><p> BMO Capital Markets on Tuesday reiterated its market-perform rating on the shares of Transcontinental (<a href=\"https://laohu8.com/S/01070\">TCL</a>-A.TO) and its C$27.00 price target after the company agreed to sell its packaging operations for C$2.1 billion.</p><p>\"We view Transcontinental's planned Packaging divestiture positively, as it surfaces immediate value for shareholders. The sale represents the end of a decade of investment, following entry into Packaging through acquisition in 2014 (and more meaningfully in 2018). Post-sale, management focus turns to pockets of growth in RS&amp;P (notably ISM) and Media (~32% PF revenues), to try to fully offset secular headwinds in traditional printing. While we see potential near-term upside in the stock related to the special dividend, we believe multiple expansion for printing will remain constrained,\" analyst Stephen MacLeod wrote</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 23.47, Change: -0.19, Percent Change: -0.80</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Transcontinental Maintained at Market Perform at BMO Following Packaging Unit Sale; Price Target Kept at C$27.00</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTranscontinental Maintained at Market Perform at BMO Following Packaging Unit Sale; Price Target Kept at C$27.00\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-10 00:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> BMO Capital Markets on Tuesday reiterated its market-perform rating on the shares of Transcontinental (<a href=\"https://laohu8.com/S/01070\">TCL</a>-A.TO) and its C$27.00 price target after the company agreed to sell its packaging operations for C$2.1 billion.</p><p>\"We view Transcontinental's planned Packaging divestiture positively, as it surfaces immediate value for shareholders. The sale represents the end of a decade of investment, following entry into Packaging through acquisition in 2014 (and more meaningfully in 2018). Post-sale, management focus turns to pockets of growth in RS&amp;P (notably ISM) and Media (~32% PF revenues), to try to fully offset secular headwinds in traditional printing. While we see potential near-term upside in the stock related to the special dividend, we believe multiple expansion for printing will remain constrained,\" analyst Stephen MacLeod wrote</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 23.47, Change: -0.19, Percent Change: -0.80</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMO","symbol_name":"蒙特利尔银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2590898323","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590898323","pubTimestamp":1765299056,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"BMO Capital Markets on Tuesday reiterated its market-perform rating on the shares of Transcontinental (TCL-A.TO) and its C$27.00 price target after the company agreed to sell its packaging operations ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"BMO":"蒙特利尔银行"},"translate_title":"包装单位出售后，横贯大陆在BMO维持市场表现；目标价维持在27.00加元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMO":1.5},"content_text":"BMO Capital Markets on Tuesday reiterated its market-perform rating on the shares of Transcontinental (TCL-A.TO) and its C$27.00 price target after the company agreed to sell its packaging operations for C$2.1 billion.\"We view Transcontinental's planned Packaging divestiture positively, as it surfaces immediate value for shareholders. The sale represents the end of a decade of investment, following entry into Packaging through acquisition in 2014 (and more meaningfully in 2018). Post-sale, management focus turns to pockets of growth in RS&P (notably ISM) and Media (~32% PF revenues), to try to fully offset secular headwinds in traditional printing. While we see potential near-term upside in the stock related to the special dividend, we believe multiple expansion for printing will remain constrained,\" analyst Stephen MacLeod wrote(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)Price: 23.47, Change: -0.19, Percent Change: -0.80","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2590898323","isCrawlerRequest":true}