CCL Industries (TSE:CCL.B) Given New C$100.00 Price Target at TD Securities

CCL Industries (TSE:CCL.B) had its price target raised by TD Securities from C$95.00 to C$100.00 in a report released on Thursday,BayStreet.CA reports.

A number of other equities research analysts have also weighed in on CCL.B. BMO Capital Markets boosted their price objective on shares of CCL Industries from C$91.00 to C$95.00 in a report on Friday, August 15th. National Bankshares lifted their target price on shares of CCL Industries from C$94.00 to C$96.00 and gave the stock an “outperform” rating in a research report on Friday, August 15th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of C$95.88.

CCL Industries Stock Performance

TSE:CCL.B opened at C$87.49 on Thursday. The company has a market capitalization of C$15.16 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 0.26 and a beta of 0.60. The business has a 50 day moving average of C$79.07 and a 200 day moving average of C$78.74. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. CCL Industries has a 1-year low of C$64.93 and a 1-year high of C$89.06.

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.