CCL Industries Inc. (TSE:CCL.B) Director Sebastian Rubino Sells 5,776 Shares

CCL Industries Inc. (TSE:CCL.B) Director Sebastian Rubino sold 5,776 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of C$80.78, for a total value of C$466,612.43.

Sebastian Rubino also recently made the following trade(s):

• On Tuesday, September 3rd, Sebastian Rubino sold 18,934 shares of CCL Industries stock. The shares were sold at an average price of C$76.39, for a total value of C$1,446,320.93.

CCL Industries Stock Performance

TSE CCL.B traded down C$0.48 on Tuesday, reaching C$80.55. The stock had a trading volume of 134,062 shares, compared to its average volume of 264,351. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. CCL Industries Inc. has a 12-month low of C$52.82 and a 12-month high of C$82.34. The business’s 50-day moving average price is C$74.58 and its 200 day moving average price is C$72.15. The stock has a market cap of C$13.46 billion, a P/E ratio of 21.55, a price-to-earnings-growth ratio of 0.26 and a beta of 0.56.

Analyst Ratings Changes

A number of equities analysts recently commented on CCL.B shares. National Bankshares raised their target price on CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a report on Monday, August 12th. TD Securities raised their target price on CCL Industries from C$90.00 to C$92.00 and gave the company a “buy” rating in a report on Monday, August 12th. BMO Capital Markets lifted their price objective on CCL Industries from C$83.00 to C$84.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Scotiabank lifted their price objective on CCL Industries from C$80.00 to C$84.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Finally, CIBC lifted their price objective on CCL Industries from C$86.00 to C$88.00 and gave the company an “outperform” rating in a research note on Wednesday, August 14th. Nine research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$84.78.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.