CCL Industries Inc. (CCL.B) Given New C$66.00 Price Target at TD Securities
CCL Industries Inc. (TSE:CCL.B) had its target price lowered by TD Securities from C$67.00 to C$66.00 in a research report sent to investors on Thursday morning. The brokerage currently has a hold rating on the stock.
CCL.B has been the subject of a number of other research reports. Scotiabank dropped their target price on shares of CCL Industries from C$70.00 to C$68.00 and set an outperform rating for the company in a research report on Wednesday, August 9th. BMO Capital Markets set a C$72.00 target price on shares of CCL Industries and gave the stock an outperform rating in a research report on Wednesday, August 9th. Laurentian Bank of Canada dropped their target price on shares of CCL Industries from C$71.00 to C$69.00 and set a buy rating for the company in a research report on Thursday, August 17th. Finally, Laurentian dropped their target price on shares of CCL Industries from C$71.00 to C$69.00 and set a buy rating for the company in a research report on Wednesday, August 9th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Buy and an average target price of C$113.83.
CCL Industries (TSE:CCL.B) traded up C$2.71 on Thursday, reaching C$59.15. 813,454 shares of the company were exchanged, compared to its average volume of 314,858. CCL Industries has a 12-month low of C$43.33 and a 12-month high of C$71.32.
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About CCL Industries
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.
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