CCL Industries Inc. (CCL.B) Price Target Cut to C$68.00 by Analysts at Scotiabank
CCL Industries Inc. (TSE:CCL.B) had its price objective reduced by Scotiabank from C$70.00 to C$68.00 in a research report sent to investors on Thursday, StockTargetPrices.com reports. Scotiabank currently has an outperform rating on the stock.
Several other equities research analysts have also recently commented on CCL.B. TD Securities cut shares of CCL Industries from a buy rating to a hold rating and set a C$330.00 target price for the company. in a research report on Wednesday, May 10th. BMO Capital Markets increased their price target on shares of CCL Industries from C$330.00 to C$335.00 and gave the stock an outperform rating in a research note on Thursday, April 20th. KeyCorp lowered shares of CCL Industries from an overweighr rating to a sector weight rating in a research note on Thursday, July 6th. CIBC raised their price objective on shares of CCL Industries from C$320.00 to C$340.00 in a research note on Wednesday, May 10th. Finally, Laurentian reduced their price objective on shares of CCL Industries from C$71.00 to C$69.00 and set a buy rating for the company in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of C$114.17.
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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.
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