CCL Industries (TSE:CCL.B – Get Free Report) had its price objective boosted by TD Securities from C$92.00 to C$98.00 in a note issued to investors on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 16.99% from the stock’s previous close.
Several other equities analysts also recently weighed in on CCL.B. Scotiabank raised their price target on shares of CCL Industries from C$80.00 to C$84.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Raymond James upped their target price on CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a report on Monday, August 12th. CIBC lifted their price target on CCL Industries from C$86.00 to C$88.00 and gave the stock an “outperform” rating in a report on Wednesday, August 14th. National Bankshares raised their target price on CCL Industries from C$84.00 to C$87.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Finally, BMO Capital Markets upped their price target on CCL Industries from C$84.00 to C$90.00 in a research note on Thursday, September 12th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, CCL Industries has an average rating of “Buy” and a consensus target price of C$86.11.
Check Out Our Latest Research Report on CCL Industries
CCL Industries Price Performance
Insider Buying and Selling at CCL Industries
In related news, Senior Officer Sean Washchuk sold 657 shares of the business’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$82.02, for a total transaction of C$53,887.14. In other CCL Industries news, Director Tom Peddie sold 4,000 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of C$73.75, for a total transaction of C$295,000.00. Following the completion of the transaction, the director now owns 500 shares in the company, valued at approximately C$36,875. This represents a 0.00 % decrease in their position. Also, Senior Officer Sean Washchuk sold 657 shares of the business’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of C$82.02, for a total transaction of C$53,887.14. Insiders sold a total of 121,781 shares of company stock valued at $9,405,624 in the last three months. 11.22% of the stock is owned by corporate insiders.
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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