CCL Industries Inc. (TSE:CCL.B) Senior Officer Sells C$365,867.79 in Stock

CCL Industries Inc. (TSE:CCL.B) Senior Officer Kamal Chandrakant Kotecha sold 5,206 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of C$70.28, for a total value of C$365,867.79.

CCL Industries Stock Up 0.0 %

CCL.B traded up C$0.01 on Thursday, reaching C$69.50. The company’s stock had a trading volume of 17,496 shares, compared to its average volume of 276,571. The company has a quick ratio of 1.31, a current ratio of 1.89 and a debt-to-equity ratio of 49.37. CCL Industries Inc. has a fifty-two week low of C$52.82 and a fifty-two week high of C$74.49. The stock has a 50 day moving average of C$64.18 and a two-hundred day moving average of C$59.62. The company has a market capitalization of C$11.54 billion, a price-to-earnings ratio of 23.56, a P/E/G ratio of 0.26 and a beta of 0.55.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CCL.B. Stifel Nicolaus raised CCL Industries from a “hold” rating to a “buy” rating and raised their target price for the stock from C$65.00 to C$79.00 in a research note on Monday, February 26th. Raymond James raised CCL Industries from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from C$74.00 to C$78.00 in a research report on Thursday, March 7th. National Bankshares raised their price objective on CCL Industries from C$79.00 to C$81.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. BMO Capital Markets raised their price objective on CCL Industries from C$76.00 to C$81.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Finally, Royal Bank of Canada raised their price objective on CCL Industries from C$72.00 to C$81.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$78.80.

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.