Sean Washchuk Sells 657 Shares of CCL Industries Inc. (TSE:CCL.B) Stock

CCL Industries Inc. (TSE:CCL.B) Senior Officer Sean Washchuk sold 657 shares of the stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$82.02, for a total value of C$53,887.14.

CCL Industries Stock Up 0.3 %

CCL.B opened at C$82.06 on Wednesday. The company has a market capitalization of C$13.71 billion, a PE ratio of 21.82, a price-to-earnings-growth ratio of 0.26 and a beta of 0.56. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. CCL Industries Inc. has a fifty-two week low of C$52.82 and a fifty-two week high of C$82.96. The business has a 50-day moving average of C$76.56 and a 200-day moving average of C$72.95.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CCL.B. CIBC lifted their target price on shares of CCL Industries from C$86.00 to C$88.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. National Bankshares boosted their target price on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Raymond James raised their target price on CCL Industries from C$84.00 to C$87.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Scotiabank upped their price target on CCL Industries from C$80.00 to C$84.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Finally, BMO Capital Markets lifted their target price on CCL Industries from C$84.00 to C$90.00 in a research note on Thursday, September 12th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$85.44.

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.