CCL Industries Inc. (TSE:CCL.B - Get Free Report) insider CCL Industries Inc. purchased 67,024 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average cost of C$73.98 per share, with a total value of C$4,958,609.78.
CCL Industries Inc. also recently made the following trade(s):
- On Tuesday, December 3rd, CCL Industries Inc. acquired 67,024 shares of CCL Industries stock. The stock was purchased at an average cost of C$78.37 per share, for a total transaction of C$5,252,845.14.
CCL Industries Price Performance
CCL.B stock opened at C$73.54 on Tuesday. The company's 50-day moving average price is C$72.51 and its two-hundred day moving average price is C$76.49. The firm has a market cap of C$12.29 billion, a P/E ratio of 19.56, a P/E/G ratio of 0.26 and a beta of 0.57. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. CCL Industries Inc. has a 12 month low of C$66.96 and a 12 month high of C$84.70.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on CCL.B shares. Royal Bank of Canada reduced their target price on shares of CCL Industries from C$92.00 to C$90.00 in a research report on Friday, November 15th. Scotiabank boosted their price objective on shares of CCL Industries from C$85.00 to C$86.00 in a report on Friday, February 21st. BMO Capital Markets increased their target price on shares of CCL Industries from C$90.00 to C$93.00 in a research report on Friday, November 15th. CIBC dropped their price target on shares of CCL Industries from C$97.00 to C$96.00 and set an "outperform" rating for the company in a research report on Tuesday, February 25th. Finally, TD Securities reduced their price target on CCL Industries from C$98.00 to C$94.00 in a research report on Friday, November 15th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$90.38.
Check Out Our Latest Stock Analysis on CCL Industries
About CCL Industries
(
Get Free Report)
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products.
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