CCL Industries (TSE:CCL.B) had its price objective increased by BMO Capital Markets from C$67.00 to C$73.00 in a research note issued to investors on Friday morning. The firm currently has an outperform rating on the stock.
Several other research firms have also weighed in on CCL.B. CIBC increased their price objective on shares of CCL Industries from C$67.00 to C$74.00 in a research note on Friday. TD Securities dropped their price objective on shares of CCL Industries from C$67.00 to C$66.00 and set a hold rating on the stock in a research note on Thursday, November 9th. Scotiabank dropped their price objective on shares of CCL Industries from C$68.00 to C$67.00 and set an outperform rating on the stock in a research note on Thursday, November 9th. Finally, Laurentian increased their price objective on shares of CCL Industries from C$69.00 to C$72.00 in a research note on Friday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of C$70.50.
Shares of CCL Industries (TSE CCL.B) opened at C$66.10 on Friday. The firm has a market cap of $11,690.00, a PE ratio of 27.09 and a beta of 0.64. CCL Industries has a 12 month low of C$53.00 and a 12 month high of C$71.32.
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CCL Industries Inc is involved in manufacture of labels, containers, consumer printable media products and inventory management and loss prevention solutions. It operates through four segments: Label, Avery, Checkpoint and Container. The Label segment includes production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications for customers in the consumer packaging, healthcare, automotive and consumer durables markets.
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