CCL Industries Inc. (TSE:CCL.B) Given Average Recommendation of “Buy” by Analysts

CCL Industries Inc. (TSE:CCL.BGet Free Report) has received a consensus rating of “Buy” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Eight analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$81.50.

CCL.B has been the topic of a number of research analyst reports. TD Securities upped their target price on shares of CCL Industries from C$84.00 to C$90.00 in a research note on Friday, May 10th. Stifel Nicolaus raised their price objective on CCL Industries from C$79.00 to C$83.00 in a report on Friday, May 10th. CIBC upped their target price on CCL Industries from C$82.00 to C$83.00 in a report on Thursday, April 11th. Scotiabank increased their target price on shares of CCL Industries from C$79.00 to C$80.00 in a report on Friday, May 10th. Finally, Raymond James boosted their price target on shares of CCL Industries from C$78.00 to C$80.00 in a report on Friday, May 10th.

Read Our Latest Stock Report on CCL.B

CCL Industries Stock Down 0.0 %

Shares of CCL.B opened at C$72.06 on Friday. The firm has a market capitalization of C$12.08 billion, a P/E ratio of 23.32, a P/E/G ratio of 0.26 and a beta of 0.53. CCL Industries has a 12-month low of C$52.82 and a 12-month high of C$74.49. The firm has a fifty day moving average price of C$70.56 and a 200-day moving average price of C$64.75. The company has a current ratio of 1.95, a quick ratio of 1.31 and a debt-to-equity ratio of 48.74.

Insider Transactions at CCL Industries

In related news, Director Donald G. Lang sold 72,600 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of C$71.49, for a total transaction of C$5,190,144.96. In related news, Director Donald G. Lang sold 72,600 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of C$71.49, for a total transaction of C$5,190,144.96. Also, Director Tom Peddie sold 1,200 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of C$71.03, for a total value of C$85,236.00. Insiders have sold a total of 334,224 shares of company stock valued at $24,261,412 in the last 90 days. Insiders own 11.13% of the company’s stock.

CCL Industries Company Profile

(Get Free Report

CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.

Featured Articles

Analyst Recommendations for CCL Industries (TSE:CCL.B)

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