CCL Industries (TSE:CCL.B) Price Target Raised to C$105.00 at TD Securities

CCL Industries (TSE:CCL.B) had its target price hoisted by TD Securities from C$100.00 to C$105.00 in a research note released on Wednesday,BayStreet.CA reports.

CCL.B has been the subject of several other research reports. Raymond James Financial increased their price objective on CCL Industries from C$90.00 to C$95.00 in a research report on Thursday, November 13th. Royal Bank Of Canada increased their price target on shares of CCL Industries from C$90.00 to C$94.00 in a report on Thursday, November 13th. Stifel Nicolaus boosted their price objective on shares of CCL Industries from C$92.00 to C$103.00 in a report on Thursday, November 13th. BMO Capital Markets upped their target price on shares of CCL Industries from C$95.00 to C$97.00 in a research report on Thursday, November 13th. Finally, CIBC increased their target price on shares of CCL Industries from C$93.00 to C$99.00 in a report on Friday, November 14th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$97.88.

CCL Industries Price Performance

Shares of CCL.B opened at C$87.02 on Wednesday. CCL Industries has a twelve month low of C$64.93 and a twelve month high of C$89.11. The stock’s 50 day moving average is C$85.54 and its two-hundred day moving average is C$81.54. The firm has a market capitalization of C$15.07 billion, a PE ratio of 18.96, a P/E/G ratio of 0.26 and a beta of 0.57. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.