Shares of CCL Industries Inc. (OTCMKTS:CCDBF – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $65.84, but opened at $68.37. CCL Industries shares last traded at $65.10, with a volume of 108 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms have commented on CCDBF. BMO Capital Markets reissued an “outperform” rating on shares of CCL Industries in a report on Thursday, December 18th. Scotiabank downgraded CCL Industries from an “outperform” rating to a “sector perform” rating in a report on Thursday, January 29th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
View Our Latest Research Report on CCDBF
CCL Industries Stock Performance
CCL Industries (OTCMKTS:CCDBF – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.05). The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.38 billion.
About CCL Industries
CCL Industries is a global specialty packaging company focused on the design and manufacture of pressure-sensitive and speciality labels, flexible packaging, tubes, and security products. The company serves a wide range of end markets, including consumer goods, healthcare, personal care, food and beverage, automotive, electronics, and industrial markets. Its portfolio comprises pressure-sensitive labels, shrink sleeves, in-mold labels, flexible packaging for food and other consumer products, and security-focused solutions such as tamper-evident seals and authentication systems.
Founded in 1951 and headquartered in Toronto, Ontario, CCL Industries has grown through a combination of organic innovation and strategic acquisitions.
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