CCL Industries (TSE:CCL.B – Free Report) had its price target increased by BMO Capital Markets from C$84.00 to C$90.00 in a research note published on Thursday, BayStreet.CA reports.
A number of other equities analysts have also issued reports on the stock. TD Securities raised their price target on shares of CCL Industries from C$90.00 to C$92.00 and gave the stock a buy rating in a research report on Monday, August 12th. Raymond James boosted 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 report on Monday, August 12th. Scotiabank boosted their price objective on CCL Industries from C$80.00 to C$84.00 and gave the stock an outperform rating in a research report on Monday, August 12th. National Bankshares boosted their price objective on 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. Finally, CIBC increased their price objective on CCL Industries from C$86.00 to C$88.00 and gave the stock an outperform rating in a research report on Wednesday, August 14th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of Buy and a consensus target price of C$85.44.
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CCL Industries Stock Performance
Insider Activity at CCL Industries
In other news, Director Sebastian Rubino sold 5,776 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$80.78, for a total transaction of C$466,612.43. In other CCL Industries news, Director Tom Peddie sold 4,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of C$73.75, for a total value of C$295,000.00. Following the transaction, the director now owns 500 shares in the company, valued at C$36,875. Also, Director Sebastian Rubino sold 5,776 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of C$80.78, for a total transaction of C$466,612.43. Over the last quarter, insiders have sold 110,924 shares of company stock valued at $8,521,231. 11.16% of the stock is owned by insiders.
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.
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