Shares of CCL Industries Inc. (TSE:CCL.B) have been assigned an average recommendation of “Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$113.83.

A number of research firms recently issued reports on CCL.B. Scotiabank lowered their target price on CCL Industries from C$70.00 to C$68.00 and set an “outperform” rating on the stock in a report on Thursday, August 17th. Laurentian Bank of Canada decreased their price target on 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. BMO Capital Markets set a C$72.00 price target on CCL Industries and gave the company an “outperform” rating in a research report on Wednesday, August 9th. TD Securities decreased their price target on CCL Industries from C$67.00 to C$66.00 and set a “hold” rating for the company in a research report on Thursday. Finally, Laurentian decreased their price target on 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.

CCL Industries (CCL.B) traded down C$0.12 during trading hours on Monday, reaching C$59.03. The company had a trading volume of 329,121 shares, compared to its average volume of 332,782. CCL Industries has a 1 year low of C$43.33 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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