CCL Industries (TSE:CCL.B) had its price target increased by Scotiabank from C$69.00 to C$71.00 in a research report sent to investors on Friday. They currently have an outperform rating on the stock.
Several other research analysts also recently commented on CCL.B. TD Securities reduced their target price on CCL Industries from C$67.00 to C$66.00 and set a hold rating for the company in a research note on Thursday, November 9th. Laurentian boosted their price target on CCL Industries from C$69.00 to C$72.00 in a research note on Friday, February 23rd. CIBC boosted their price target on CCL Industries from C$67.00 to C$74.00 in a research note on Friday, February 23rd. Finally, BMO Capital Markets boosted their price target on CCL Industries from C$67.00 to C$73.00 and gave the company an outperform rating in a research note on Friday, February 23rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of C$70.83.
Shares of CCL Industries (CCL.B) traded up C$1.75 during midday trading on Friday, hitting C$67.50. The stock had a trading volume of 388,903 shares, compared to its average volume of 352,733. CCL Industries has a one year low of C$53.00 and a one year high of C$71.32. The company has a market cap of $11,950.00, a P/E ratio of 25.19 and a beta of 0.56.
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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