CCL Industries Inc. (TSE:CCL.B) Director Mark Cooper Sells 5,556 Shares

CCL Industries Inc. (TSE:CCL.B) Director Mark Cooper sold 5,556 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of C$71.94, for a total transaction of C$399,707.53.

CCL Industries Stock Up 3.8 %

Shares of TSE:CCL.B opened at C$74.82 on Friday. CCL Industries Inc. has a 12 month low of C$66.96 and a 12 month high of C$84.70. The company’s 50-day moving average price is C$72.36 and its two-hundred day moving average price is C$76.53. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The firm has a market cap of C$12.50 billion, a P/E ratio of 19.90, a P/E/G ratio of 0.26 and a beta of 0.57.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. TD Securities dropped their price objective on shares of CCL Industries from C$98.00 to C$94.00 in a research note on Friday, November 15th. Royal Bank of Canada lowered their target price on shares of CCL Industries from C$92.00 to C$90.00 in a report on Friday, November 15th. BMO Capital Markets upped their target price on shares of CCL Industries from C$90.00 to C$93.00 in a report on Friday, November 15th. Stifel Nicolaus upped their target price on shares of CCL Industries from C$85.00 to C$90.00 in a report on Monday, November 18th. Finally, Scotiabank upped their target price on shares of CCL Industries from C$85.00 to C$86.00 in a report on Friday, February 21st. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, CCL Industries has a consensus rating of “Buy” and an average target price of C$90.38.

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.