CCL Industries Inc. (CCL.B) Given Average Rating of “Buy” by Brokerages
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.
WARNING: “CCL Industries Inc. (CCL.B) Given Average Rating of “Buy” by Brokerages” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this news story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The original version of this news story can be accessed at https://www.thecerbatgem.com/2017/11/13/ccl-industries-inc-ccl-b-given-average-rating-of-buy-by-brokerages.html.
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.
Receive News & Stock Ratings for CCL Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CCL Industries Inc. and related stocks with our FREE daily email newsletter.