CCL Industries (TSE:CCL.B – Free Report) had its price target upped by TD Securities from C$92.00 to C$98.00 in a research note published on Thursday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the stock. National Bankshares upped their price objective on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. CIBC boosted 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 research report on Wednesday, August 14th. Raymond James boosted their target price 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. BMO Capital Markets boosted their target price on shares of CCL Industries from C$84.00 to C$90.00 in a research report on Thursday, September 12th. Finally, Scotiabank boosted their target price on shares of 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. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, CCL Industries currently has a consensus rating of “Buy” and an average target price of C$86.11.
Get Our Latest Stock Report on CCL Industries
CCL Industries Trading Down 0.8 %
Insiders Place Their Bets
In other CCL Industries news, Senior Officer Mark Mcclendon sold 400 shares of the company’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of C$73.47, for a total transaction of C$29,388.00. In other news, Senior Officer Mark Mcclendon sold 400 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of C$73.47, for a total value of C$29,388.00. Also, Director Gunther Johann Birkner sold 15,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$75.00, for a total transaction of C$1,125,000.00. Over the last 90 days, insiders have sold 121,781 shares of company stock worth $9,405,624. Insiders own 11.22% of the company’s stock.
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.
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