CCL Industries (TSE:CCL.B) had its price target upped by analysts at TD Securities from C$68.00 to C$69.00 in a note issued to investors on Monday. TD Securities’ target price indicates a potential upside of 3.92% from the company’s current price.
A number of other analysts also recently issued reports on CCL.B. Scotiabank lifted their price target on CCL Industries from C$69.00 to C$71.00 and gave the stock an “outperform” rating in a report on Friday, March 9th. Laurentian lifted their price target on CCL Industries from C$69.00 to C$72.00 in a report on Friday, February 23rd. BMO Capital Markets lifted their price target on CCL Industries from C$67.00 to C$73.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Finally, CIBC lifted their price target on CCL Industries from C$67.00 to C$74.00 in a report on Friday, February 23rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. CCL Industries presently has a consensus rating of “Buy” and an average target price of C$71.92.
CCL Industries (CCL.B) opened at C$66.40 on Monday. CCL Industries has a one year low of C$53.00 and a one year high of C$71.32. The company has a market capitalization of $11,740.00, a price-to-earnings ratio of 24.78 and a beta of 0.56.
CCL Industries Company Profile
CCL Industries Inc is involved in manufacture of labels, containers, consumer printable media products and inventory management and loss prevention solutions. It operates through four segments: Label, Avery, Checkpoint and Container. The Label segment includes production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications for customers in the consumer packaging, healthcare, automotive and consumer durables markets.
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