CCL Industries Inc. (TSE:CCL.B - Get Free Report) Senior Officer James Andrew Sellors sold 10,000 shares of CCL Industries stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$77.50, for a total value of C$775,000.00.
CCL Industries Stock Up 0.5 %
CCL Industries stock opened at C$77.28 on Friday. The firm has a market cap of C$12.91 billion, a price-to-earnings ratio of 20.55, a price-to-earnings-growth ratio of 0.26 and a beta of 0.57. CCL Industries Inc. has a 52 week low of C$55.34 and a 52 week high of C$84.70. The business's 50-day moving average price is C$80.72 and its 200 day moving average price is C$75.92. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.
Analysts Set New Price Targets
CCL.B has been the subject of a number of research reports. Scotiabank lifted their target price on CCL Industries from C$80.00 to C$84.00 and gave the stock an "outperform" rating in a report on Monday, August 12th. National Bankshares lifted their price objective on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an "outperform" rating in a research note on Monday, August 12th. CIBC upped their price objective on shares of CCL Industries from C$93.00 to C$96.00 in a report on Monday, November 18th. TD Securities reduced their target price on shares of CCL Industries from C$98.00 to C$94.00 in a report on Friday, November 15th. Finally, Stifel Nicolaus upped their price target on shares of CCL Industries from C$85.00 to C$90.00 in a report on Monday, November 18th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$88.44.
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CCL Industries Company Profile
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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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