CCL Industries (TSE:CCL.B) Price Target Raised to C$100.00 at National Bankshares

CCL Industries (TSE:CCL.B) had its price target raised by National Bankshares from C$97.00 to C$100.00 in a report issued on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

A number of other research analysts also recently weighed in on the stock. Royal Bank Of Canada raised their target price on shares of CCL Industries from C$90.00 to C$94.00 in a research report on Thursday, November 13th. TD Securities lifted their target price on CCL Industries from C$100.00 to C$105.00 in a research report on Wednesday, January 21st. Raymond James Financial upped their target price on CCL Industries from C$90.00 to C$95.00 in a report on Thursday, November 13th. CIBC raised their price target on CCL Industries from C$93.00 to C$99.00 in a research note on Friday, November 14th. Finally, BMO Capital Markets boosted their price target on CCL Industries from C$95.00 to C$97.00 in a research report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$98.63.

CCL Industries Stock Down 1.5%

TSE:CCL.B opened at C$84.80 on Thursday. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. The stock has a 50-day moving average price of C$85.51 and a two-hundred day moving average price of C$81.91. CCL Industries has a 1 year low of C$64.93 and a 1 year high of C$89.16. The stock has a market cap of C$14.69 billion, a price-to-earnings ratio of 18.47, a PEG ratio of 0.26 and a beta of 0.45.

About CCL Industries

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.