CCL Industries Inc. (TSE:CCL.B - Get Free Report) Senior Officer Suzana Furtado sold 250 shares of the company's stock in a transaction 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.
Shares of TSE CCL.B traded up C$0.60 during midday trading on Friday, reaching C$72.69. 32,322 shares of the stock were exchanged, compared to its average volume of 297,034. CCL Industries Inc. has a twelve month low of C$66.96 and a twelve month high of C$84.70. The stock has a market capitalization of C$12.14 billion, a P/E ratio of 19.33, a PEG ratio of 0.26 and a beta of 0.57. The company has a 50 day simple moving average of C$72.35 and a 200 day simple moving average of C$76.51. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96.
A number of equities analysts recently weighed in on CCL.B shares. TD Securities lowered their price target on shares of CCL Industries from C$98.00 to C$94.00 in a research report on Friday, November 15th. Royal Bank of Canada lowered their target price on CCL Industries from C$92.00 to C$90.00 in a report on Friday, November 15th. BMO Capital Markets upped their price target on CCL Industries from C$90.00 to C$93.00 in a research report on Friday, November 15th. Stifel Nicolaus lifted their price objective on CCL Industries from C$85.00 to C$90.00 in a research report on Monday, November 18th. Finally, Scotiabank upped their target price on CCL Industries from C$85.00 to C$86.00 in a report on Friday, February 21st. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of C$90.38.
Read Our Latest Research Report on CCL.B
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.
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