CCL Industries (TSE:CCL.B) Price Target Raised to C$97.00 at BMO Capital Markets

CCL Industries (TSE:CCL.B) had its price objective boosted by BMO Capital Markets from C$95.00 to C$97.00 in a research note released on Thursday,BayStreet.CA reports.

Other equities research analysts also recently issued research reports about the stock. TD Securities upped their price target on shares of CCL Industries from C$95.00 to C$100.00 in a research report on Thursday. Royal Bank Of Canada increased their target price on CCL Industries from C$90.00 to C$94.00 in a report on Thursday. Stifel Nicolaus raised their target price on CCL Industries from C$92.00 to C$103.00 in a research report on Thursday. National Bankshares upped their price target on CCL Industries from C$94.00 to C$96.00 and gave the company an “outperform” rating in a research report on Friday, August 15th. Finally, Raymond James Financial increased their price objective on CCL Industries from C$90.00 to C$95.00 in a research note on Thursday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, CCL Industries presently has an average rating of “Buy” and an average target price of C$95.88.

CCL Industries Price Performance

TSE CCL.B opened at C$87.49 on Thursday. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. CCL Industries has a 1 year low of C$64.93 and a 1 year high of C$89.06. The company has a market cap of C$15.16 billion, a PE ratio of 19.06, a PEG ratio of 0.26 and a beta of 0.60. The stock’s 50-day moving average price is C$79.07 and its two-hundred day moving average price is C$78.74.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products.