CCL Industries (OTCMKTS:CCDBF) PT Lowered to C$73.00

CCL Industries (OTCMKTS:CCDBF – Get Rating) had its price objective decreased by research analysts at Scotiabank from C$75.00 to C$73.00 in a research note issued on Friday, The Fly reports.

Several other brokerages also recently weighed in on CCDBF. TD Securities lowered their price target on CCL Industries from C$73.00 to C$72.00 in a report on Friday, November 11th. National Bank Financial reduced their price objective on CCL Industries from C$81.00 to C$78.00 in a research note on Friday, November 11th. BMO Capital Markets reduced their price objective on CCL Industries from C$80.00 to C$79.00 in a research note on Friday, November 11th. Finally, Royal Bank of Canada reduced their price objective on CCL Industries from C$74.00 to C$71.00 in a research note on Friday, November 11th.

CCL Industries Price Performance

Shares of OTCMKTS CCDBF opened at $44.91 on Friday. The business has a 50-day simple moving average of $44.77 and a two-hundred day simple moving average of $47.26. CCL Industries has a fifty-two week low of $41.61 and a fifty-two week high of $53.17.

About CCL Industries

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CCL Industries, Inc engages in the conversion of pressure sensitive and extruded film materials for decorative, instructional, security, and functional applications. It operates through the following segments: CCL; Avery; Checkpoint; and Innovia. The CCL segment focuses on the production of pressure sensitive and extruded film materials.