CCL Industries (TSE:CCL.B) had its target price upped by TD Securities from C$58.00 to C$60.00 in a research report report published on Thursday morning, BayStreet.CA reports. They currently have a hold rating on the stock.
Other equities analysts have also recently issued reports about the company. Royal Bank of Canada boosted their target price on CCL Industries from C$65.00 to C$66.00 and gave the company an outperform rating in a research note on Thursday. CIBC boosted their target price on CCL Industries from C$61.00 to C$64.00 in a research note on Thursday.
Shares of CCL.B traded up C$0.85 during mid-day trading on Thursday, hitting C$60.08. 138,553 shares of the company’s stock traded hands, compared to its average volume of 364,025. The company has a debt-to-equity ratio of 103.90, a quick ratio of 1.15 and a current ratio of 1.62. CCL Industries has a 1 year low of C$53.00 and a 1 year high of C$71.32. The stock has a market capitalization of $9.80 billion and a PE ratio of 20.57.
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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