CCL Industries Inc. (TSE:CCL.B) Senior Officer Sells C$18,129.35 in Stock

CCL Industries Inc. (TSE:CCL.B - Get Free Report) Senior Officer Suzana Furtado sold 250 shares of the stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of C$72.52, for a total transaction of C$18,129.35.

CCL Industries Price Performance

Shares of CCL Industries stock traded down C$2.35 on Tuesday, reaching C$71.02. The company's stock had a trading volume of 321,840 shares, compared to its average volume of 308,425. The company has a market capitalization of C$11.86 billion, a P/E ratio of 18.89, a PEG ratio of 0.26 and a beta of 0.57. The stock has a 50-day moving average price of C$72.36 and a 200-day moving average price of C$76.53. 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 52-week low of C$66.96 and a 52-week high of C$84.70.

Analyst Ratings Changes

A number of research firms have recently commented on CCL.B. TD Securities cut their target price on CCL Industries from C$98.00 to C$94.00 in a research note on Friday, November 15th. Royal Bank of Canada reduced their price objective on CCL Industries from C$92.00 to C$90.00 in a research note on Friday, November 15th. Stifel Nicolaus lifted their target price on shares of CCL Industries from C$85.00 to C$90.00 in a research note on Monday, November 18th. Scotiabank upped their price target on CCL Industries from C$85.00 to C$86.00 in a research note on Friday, February 21st. Finally, CIBC reduced their target price on CCL Industries from C$97.00 to C$96.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$90.38.

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CCL Industries Company Profile

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.