Mark Cooper Sells 24,543 Shares of CCL Industries Inc. (TSE:CCL.B) Stock

CCL Industries Inc. (TSE:CCL.B) Director Mark Cooper sold 24,543 shares of CCL Industries stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$70.14, for a total value of C$1,721,482.83.

CCL Industries Stock Performance

TSE:CCL.B opened at C$69.23 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.31 and a debt-to-equity ratio of 49.37. CCL Industries Inc. has a 1 year low of C$52.82 and a 1 year high of C$74.49. The firm’s fifty day simple moving average is C$64.43 and its 200 day simple moving average is C$59.69. The firm has a market capitalization of C$11.49 billion, a PE ratio of 23.47, a PEG ratio of 0.26 and a beta of 0.55.

Analyst Ratings Changes

Several analysts have issued reports on CCL.B shares. Scotiabank boosted their price target on CCL Industries from C$72.00 to C$79.00 and gave the company an “outperform” rating in a report on Friday, February 23rd. Royal Bank of Canada increased their target price on CCL Industries from C$72.00 to C$81.00 and gave the company an “outperform” rating in a research report on Friday, February 23rd. CIBC raised their price objective on CCL Industries from C$72.00 to C$82.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. BMO Capital Markets raised their target price on CCL Industries from C$76.00 to C$81.00 and gave the stock an “outperform” rating in a research note on Friday, February 23rd. Finally, National Bankshares lifted their price objective on CCL Industries from C$79.00 to C$81.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, CCL Industries presently has an average rating of “Buy” and an average target price of C$78.80.

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.