CCL Industries Inc. (TSE:CCL.B) Director Gunther Johann Birkner Sells 10,000 Shares of Stock

CCL Industries Inc. (TSE:CCL.B) Director Gunther Johann Birkner sold 10,000 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$80.00, for a total transaction of C$800,000.00.

Gunther Johann Birkner also recently made the following trade(s):

• On Thursday, August 15th, Gunther Johann Birkner sold 15,000 shares of CCL Industries stock. The shares were sold at an average price of C$75.00, for a total transaction of C$1,125,000.00.

CCL Industries Stock Up 0.3 %

Shares of TSE CCL.B opened at C$79.61 on Friday. The business has a fifty day moving average of C$74.40 and a two-hundred day moving average of C$71.87. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. CCL Industries Inc. has a 52-week low of C$52.82 and a 52-week high of C$81.38. The stock has a market cap of C$13.30 billion, a PE ratio of 21.17, a PEG ratio of 0.26 and a beta of 0.56.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CCL.B shares. Stifel Nicolaus increased their target price on shares of CCL Industries from C$79.00 to C$83.00 in a research note on Friday, May 10th. Raymond James raised their price objective on CCL Industries from C$84.00 to C$87.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. TD Securities boosted their price objective on CCL Industries from C$90.00 to C$92.00 and gave the company a “buy” rating in a research report on Monday, August 12th. CIBC raised their target price on CCL Industries from C$86.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. Finally, Scotiabank lifted their price target on shares of CCL Industries from C$80.00 to C$84.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$84.78.

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.