CCL Industries Inc. (TSE:CCL.B) Senior Officer Sells C$1,033,064.55 in Stock

CCL Industries Inc. (TSE:CCL.B) Senior Officer Lalitha Vaidyanathan sold 13,524 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of C$76.39, for a total value of C$1,033,064.55.

CCL Industries Stock Up 0.3 %

Shares of TSE CCL.B opened at C$79.61 on Friday. The stock has a market cap of C$13.30 billion, a PE ratio of 21.17, a price-to-earnings-growth ratio of 0.26 and a beta of 0.56. CCL Industries Inc. has a 52-week low of C$52.82 and a 52-week high of C$81.38. The business has a 50-day moving average price of C$74.40 and a 200 day moving average price of C$71.96. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

Analyst Ratings Changes

Several equities analysts have weighed in on CCL.B shares. CIBC lifted their target price on CCL Industries from C$86.00 to C$88.00 and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Scotiabank boosted their target price on CCL Industries from C$80.00 to C$84.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. BMO Capital Markets increased their price objective on shares of CCL Industries from C$83.00 to C$84.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Raymond James lifted their price target on CCL Industries from C$84.00 to C$87.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Finally, TD Securities increased their price objective on CCL Industries from C$90.00 to C$92.00 and gave the company a “buy” rating in a report on Monday, August 12th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of C$84.78.

About CCL Industries

CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.