Shares of CCL Industries Inc. (TSE:CCL.B) have earned an average recommendation of “Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$71.92.

Several analysts recently commented on the stock. Scotiabank increased their target price on shares of CCL Industries from C$67.00 to C$69.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. CIBC increased their target price on shares of CCL Industries from C$67.00 to C$74.00 in a research note on Friday, February 23rd. Laurentian increased their target price on shares of CCL Industries from C$69.00 to C$72.00 in a research note on Friday, February 23rd. TD Securities increased their target price on shares of CCL Industries from C$68.00 to C$69.00 in a research note on Monday, March 12th. Finally, BMO Capital Markets increased their target price on shares of CCL Industries from C$67.00 to C$73.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd.

CCL Industries (CCL.B) opened at C$65.67 on Tuesday. The stock has a market cap of $11,620.00, a P/E ratio of 24.50 and a beta of 0.56. CCL Industries has a 1-year low of C$53.00 and a 1-year high of C$71.32.

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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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