CCL Industries (TSE:CCL.B) PT Raised to C$84.00

CCL Industries (TSE:CCL.B) had its price target lifted by BMO Capital Markets from C$83.00 to C$84.00 in a report issued on Monday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities analysts also recently issued reports about the stock. CIBC increased their price objective on shares of CCL Industries from C$83.00 to C$85.00 in a report on Thursday, July 18th. Royal Bank of Canada upped their price target on shares of CCL Industries from C$81.00 to C$83.00 in a research report on Friday, May 10th. Raymond James boosted their price objective on CCL Industries from C$84.00 to C$87.00 and gave the stock an outperform rating in a research note on Monday. Stifel Nicolaus increased their target price on CCL Industries from C$79.00 to C$83.00 in a report on Friday, May 10th. Finally, TD Securities boosted their price target on CCL Industries from C$90.00 to C$92.00 and gave the stock a buy rating in a research report on Monday. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, CCL Industries presently has a consensus rating of Buy and a consensus price target of C$84.78.

CCL Industries Trading Up 4.0 %

Shares of CCL.B stock opened at C$77.65 on Monday. CCL Industries has a 1-year low of C$52.82 and a 1-year high of C$78.16. The company has a market cap of C$13.01 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 0.26 and a beta of 0.53. The company has a debt-to-equity ratio of 48.74, a current ratio of 1.95 and a quick ratio of 1.31. The stock has a 50 day simple moving average of C$72.56 and a 200-day simple moving average of C$69.64.

Insider Buying and Selling at CCL Industries

In related news, Director Gunther Johann Birkner sold 20,000 shares of the firm’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of C$71.69, for a total transaction of C$1,433,800.00. In related news, Director Gunther Johann Birkner sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of C$71.69, for a total value of C$1,433,800.00. Also, insider CCL Industries Inc. bought 230,500 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were acquired at an average cost of C$72.48 per share, with a total value of C$16,705,718.00. Insiders sold a total of 24,400 shares of company stock worth $1,758,188 in the last three months. 11.13% of the stock is owned by corporate insiders.

CCL Industries Company Profile

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.