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

CCL Industries Inc. (TSE:CCL.B) Senior Officer Suzana Furtado sold 250 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of C$72.52, for a total transaction of C$18,129.35.

CCL Industries Trading Up 3.8 %

Shares of CCL Industries stock opened at C$74.82 on Friday. CCL Industries Inc. has a 1 year low of C$66.96 and a 1 year high of C$84.70. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The company has a market capitalization of C$12.50 billion, a price-to-earnings ratio of 19.90, a P/E/G ratio of 0.26 and a beta of 0.57. The business has a fifty day simple moving average of C$72.36 and a two-hundred day simple moving average of C$76.53.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CCL.B. BMO Capital Markets raised their target price on shares of CCL Industries from C$90.00 to C$93.00 in a research note on Friday, November 15th. TD Securities decreased their target price on shares of CCL Industries from C$98.00 to C$94.00 in a research note on Friday, November 15th. Stifel Nicolaus raised 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 raised their target price on shares of CCL Industries from C$85.00 to C$86.00 in a research note on Friday, February 21st. Finally, CIBC decreased their target price 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. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, CCL Industries has a consensus rating of “Buy” and a consensus price target of C$90.38.

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.