Suzana Furtado Sells 250 Shares of CCL Industries Inc. (TSE:CCL.B) Stock

CCL Industries Inc. (TSE:CCL.B) Senior Officer Suzana Furtado sold 250 shares of CCL Industries stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of C$72.52, for a total value of C$18,129.35.

CCL Industries Stock Performance

Shares of CCL Industries stock opened at C$74.82 on Friday. CCL Industries Inc. has a one year low of C$66.96 and a one year high of C$84.70. The firm has a market capitalization of C$12.50 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 0.26 and a beta of 0.57. The business has a 50-day simple moving average of C$72.36 and a 200 day simple moving average of C$76.55. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CCL.B. Stifel Nicolaus lifted their target price on CCL Industries from C$85.00 to C$90.00 in a report on Monday, November 18th. TD Securities cut their target price on CCL Industries from C$98.00 to C$94.00 in a report on Friday, November 15th. CIBC lowered their price objective on CCL Industries from C$97.00 to C$96.00 and set an “outperform” rating for the company in a research report on Tuesday, February 25th. Scotiabank lifted their price objective on CCL Industries from C$85.00 to C$86.00 in a research report on Friday, February 21st. Finally, Royal Bank of Canada lowered their price objective on CCL Industries from C$92.00 to C$90.00 in a research report on Friday, November 15th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$90.38.

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.