National Bank Financial Issues Positive Forecast for CCL Industries (TSE:CCL.B) Stock Price

CCL Industries (TSE:CCL.B) had its price target raised by National Bank Financial from C$102.00 to C$104.00 in a research report report published on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other brokerages also recently commented on CCL.B. TD Securities increased their target price on shares of CCL Industries from C$100.00 to C$105.00 in a report on Wednesday, January 21st. Raymond James Financial increased their price target on shares of CCL Industries from C$95.00 to C$100.00 in a research report on Friday, February 27th. Scotiabank lowered shares of CCL Industries from an “outperform” rating to a “sector perform” rating and increased their price target for the company from C$94.00 to C$96.00 in a research report on Thursday, January 29th. Finally, TD increased their price target on shares of CCL Industries from C$105.00 to C$110.00 and gave the company a “buy” rating in a research report on Friday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$101.80.

CCL Industries Stock Performance

Shares of CCL.B stock opened at C$86.54 on Friday. The firm has a 50-day moving average of C$86.34 and a 200-day moving average of C$85.66. The company has a market cap of C$14.98 billion, a P/E ratio of 18.94, a P/E/G ratio of 0.26 and a beta of 0.90. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. CCL Industries has a one year low of C$74.69 and a one year high of C$95.00.

Key Stories Impacting CCL Industries

Here are the key news stories impacting CCL Industries this week:

• Positive Sentiment: Royal Bank of Canada, National Bank Financial, Stifel Nicolaus, TD, and ATB Cormark all raised their price targets on CCL Industries and kept bullish ratings, signaling stronger analyst confidence in the company’s outlook. Analyst rating updates
• Positive Sentiment: CCL Industries announced plans to renew its normal course issuer bid and automatic securities purchase plan, which could support the share price by allowing the company to buy back stock. CCL Industries buyback renewal
• Neutral Sentiment: The company also reported results from its 2026 annual and special shareholders’ meeting, which is generally routine governance news with limited direct impact on the stock. Annual and special shareholders’ meeting results
• Neutral Sentiment: A separate article discussed CCL Industries’ valuation and fair value estimate after mixed recent returns, adding to investor focus on whether the shares are attractively priced. Valuation review

CCL Industries Company Profile

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.