CCL Industries Inc. (TSE:CCL.B) Senior Officer Sean Washchuk Sells 657 Shares

CCL Industries Inc. (TSE:CCL.B) Senior Officer Sean Washchuk sold 657 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$82.02, for a total value of C$53,887.14.

CCL Industries Trading Down 0.2 %

Shares of TSE:CCL.B traded down C$0.16 during midday trading on Monday, reaching C$81.46. The company’s stock had a trading volume of 75,102 shares, compared to its average volume of 271,624. The firm has a market cap of C$13.61 billion, a price-to-earnings ratio of 21.71, a price-to-earnings-growth ratio of 0.26 and a beta of 0.56. The business has a 50 day moving average price of C$76.18 and a 200 day moving average price of C$72.79. CCL Industries Inc. has a 1 year low of C$52.82 and a 1 year high of C$82.96. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CCL.B. CIBC upped their target price on shares of CCL Industries from C$86.00 to C$88.00 and gave the company an “outperform” rating in a report on Wednesday, August 14th. TD Securities upped their price objective on shares of CCL Industries from C$90.00 to C$92.00 and gave the company a “buy” rating in a research note on Monday, August 12th. National Bankshares boosted their target price on CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a report on Monday, August 12th. BMO Capital Markets upped their target price on CCL Industries from C$84.00 to C$90.00 in a research report on Thursday, September 12th. Finally, Raymond James upped their price target on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, CCL Industries currently has an average rating of “Buy” and a consensus target price of C$85.44.

CCL Industries Company Profile

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.