Scott Mitchell-Harris Sells 2,141 Shares of CCL Industries Inc. (TSE:CCL.B) Stock

CCL Industries Inc. (TSE:CCL.B - Get Free Report) Director Scott Mitchell-Harris sold 2,141 shares of CCL Industries stock in a transaction dated Monday, March 10th. The shares were sold at an average price of C$73.98, for a total value of C$158,391.18.

CCL Industries Trading Down 0.5 %

TSE:CCL.B traded down C$0.39 on Tuesday, hitting C$71.29. 384,479 shares of the stock were exchanged, compared to its average volume of 317,795. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. CCL Industries Inc. has a fifty-two week low of C$66.96 and a fifty-two week high of C$84.70. The stock has a market cap of C$11.91 billion, a PE ratio of 18.96, a PEG ratio of 0.26 and a beta of 0.57. The stock has a fifty day moving average of C$72.16 and a 200-day moving average of C$76.37.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CCL.B. Stifel Nicolaus raised their target price on CCL Industries from C$85.00 to C$90.00 in a research report on Monday, November 18th. Scotiabank lifted their price target on CCL Industries from C$85.00 to C$86.00 in a research report on Friday, February 21st. Finally, CIBC cut their price target on CCL Industries from C$97.00 to C$96.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 25th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$90.38.

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About CCL Industries

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.