CCL Industries (TSE:CCL.B) Price Target Raised to C$102.00 at National Bank Financial

CCL Industries (TSE:CCL.B) had its price target hoisted by National Bank Financial from C$100.00 to C$102.00 in a research note issued to investors on Tuesday morning,BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.

Other equities analysts have also recently issued reports about the company. Raymond James Financial boosted their target price on CCL Industries from C$95.00 to C$100.00 in a research report on Friday, February 27th. TD Securities raised their price objective on CCL Industries from C$100.00 to C$105.00 in a report on Wednesday, January 21st. Finally, Scotiabank lowered CCL Industries from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from C$94.00 to C$96.00 in a research report on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, CCL Industries has a consensus rating of “Moderate Buy” and a consensus price target of C$99.50.

CCL Industries Trading Down 0.6%

TSE:CCL.B opened at C$85.80 on Tuesday. The company has a market cap of C$14.86 billion, a P/E ratio of 18.77, a P/E/G ratio of 0.26 and a beta of 0.80. CCL Industries has a 1 year low of C$64.93 and a 1 year high of C$95.00. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The stock’s fifty day moving average price is C$87.08 and its two-hundred day moving average price is C$83.59.

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.