Scotiabank Lowers CCL Industries Inc. (CCL.B) Price Target to C$270.00
CCL Industries Inc. (TSE:CCL.B) had its target price lowered by equities research analysts at Scotiabank from C$275.00 to C$270.00 in a report released on Thursday. The brokerage presently has an “outperform” rating on the stock.
Other equities analysts also recently issued reports about the company. BMO Capital Markets boosted their price objective on CCL Industries from C$270.00 to C$285.00 in a research report on Friday, August 5th. TD Securities reissued a “buy” rating and set a C$280.00 target price on shares of CCL Industries in a report on Friday, August 5th.
CCL Industries Company Profile
CCL Industries Inc is engaged in specialty packaging. The Company operates through three segments: the Label Segment, Avery and the Container Segment. The Label Segment is the producer of label solutions for consumer product marketing companies in the personal care, food and beverage, household chemical and promotional segments of the industry, and it supplies regulated labels to pharmaceutical, healthcare and industrial chemical customers plus long life labels to automotive and other durable goods companies.
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