Jamil Suleman Sells 200 Shares of CCL Industries Inc. (TSE:CCL.B) Stock

CCL Industries Inc. (TSE:CCL.B) Senior Officer Jamil Suleman sold 200 shares of the firm’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of C$82.03, for a total value of C$16,406.00. Following the sale, the insider now owns 200 shares of the company’s stock, valued at C$16,406.

CCL Industries Stock Up 0.2 %

Shares of CCL Industries stock traded up C$0.19 on Monday, reaching C$81.91. 67,699 shares of the company were exchanged, compared to its average volume of 268,866. CCL Industries Inc. has a one year low of C$52.82 and a one year high of C$82.96. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. The company has a 50-day moving average of C$77.06 and a 200 day moving average of C$73.14. The company has a market capitalization of C$13.68 billion, a price-to-earnings ratio of 21.75, a PEG ratio of 0.26 and a beta of 0.56.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Raymond James increased their target price on CCL Industries from C$84.00 to C$87.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Scotiabank upped their price target on CCL Industries from C$80.00 to C$84.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. CIBC raised their price objective on shares of 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. BMO Capital Markets boosted their target price on CCL Industries from C$84.00 to C$90.00 in a report on Thursday, September 12th. Finally, National Bankshares raised their price target on 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 equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently 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.