CCL Industries Inc. (TSE:CCL.B - Get Free Report) Director Mark Cooper sold 5,556 shares of the business's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of C$71.94, for a total value of C$399,707.53.
CCL Industries Stock Performance
Shares of TSE:CCL.B traded down C$2.35 during trading hours on Tuesday, hitting C$71.02. The stock had a trading volume of 321,840 shares, compared to its average volume of 308,425. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The stock's fifty day simple moving average is C$72.36 and its 200 day simple moving average is C$76.53. The firm has a market capitalization of C$11.86 billion, a price-to-earnings ratio of 18.89, a PEG ratio of 0.26 and a beta of 0.57. CCL Industries Inc. has a 1-year low of C$66.96 and a 1-year high of C$84.70.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. Scotiabank raised their price objective on CCL Industries from C$85.00 to C$86.00 in a report on Friday, February 21st. CIBC dropped their price objective on shares of CCL Industries from C$97.00 to C$96.00 and set an "outperform" rating for the company in a research note on Tuesday, February 25th. Royal Bank of Canada decreased their target price on shares of CCL Industries from C$92.00 to C$90.00 in a research report on Friday, November 15th. TD Securities cut their price objective on CCL Industries from C$98.00 to C$94.00 in a report on Friday, November 15th. Finally, Stifel Nicolaus boosted their target price on CCL Industries from C$85.00 to C$90.00 in a report on Monday, November 18th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$90.38.
View Our Latest Analysis on CCL.B
CCL Industries Company Profile
(
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.
Featured Articles
Before you consider CCL Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CCL Industries wasn't on the list.
While CCL Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
