Shares of CCL Industries Inc. (TSE:CCL.B – Get Free Report) have been given a consensus rating of “Buy” by the nine research firms that are covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$78.90.
Several research analysts have weighed in on the company. Raymond James raised CCL Industries from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from C$74.00 to C$78.00 in a research report on Thursday, March 7th. Scotiabank boosted their price target on CCL Industries from C$72.00 to C$79.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. National Bankshares boosted their price target on CCL Industries from C$79.00 to C$81.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Royal Bank of Canada boosted their target price on CCL Industries from C$72.00 to C$81.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Finally, CIBC boosted their target price on CCL Industries from C$82.00 to C$83.00 in a report on Thursday, April 11th.
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Insider Buying and Selling at CCL Industries
CCL Industries Stock Up 1.0 %
TSE:CCL.B opened at C$70.82 on Friday. The firm has a market capitalization of C$11.75 billion, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 0.26 and a beta of 0.55. CCL Industries has a twelve month low of C$52.82 and a twelve month high of C$74.49. The stock’s 50 day moving average price is C$67.92 and its two-hundred day moving average price is C$60.94. The company has a quick ratio of 1.31, a current ratio of 1.89 and a debt-to-equity ratio of 49.37.
About CCL Industries
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.
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