Shares of CCL Industries Inc. (TSE:CCL.B) have been given an average rating of “Buy” by the seven ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$114.17.

A number of research firms recently issued reports on CCL.B. Scotiabank upped their price target on shares of CCL Industries from C$310.00 to C$320.00 and gave the company an “outperform” rating in a research note on Thursday, May 4th. CIBC upped their price target on shares of CCL Industries from C$320.00 to C$340.00 in a research note on Wednesday, May 10th. TD Securities downgraded shares of CCL Industries from a “buy” rating to a “hold” rating and set a C$330.00 price target on the stock. in a research note on Wednesday, May 10th. KeyCorp downgraded shares of CCL Industries from an “overweighr” rating to a “sector weight” rating in a research note on Thursday, July 6th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a C$72.00 price target on shares of CCL Industries in a research note on Friday, July 7th.

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CCL Industries Company Profile

CCL Industries Inc is involved in manufacture of labels, containers, consumer printable media products and inventory management and loss prevention solutions. It operates through four segments: Label, Avery, Checkpoint and Container. The Label segment includes production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications for customers in the consumer packaging, healthcare, automotive and consumer durables markets.

Analyst Recommendations for CCL Industries (TSE:CCL.B)

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