CCL Industries Inc. (TSE:CCL.B) Receives Consensus Rating of “Moderate Buy” from Analysts

CCL Industries Inc. (TSE:CCL.B) has received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$101.80.

Several analysts recently commented on the company. National Bank Financial boosted their price target on CCL Industries from C$102.00 to C$104.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Royal Bank Of Canada boosted their price target on CCL Industries from C$99.00 to C$100.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. TD boosted their price target on CCL Industries from C$105.00 to C$110.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Scotiabank cut CCL Industries from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from C$94.00 to C$96.00 in a research report on Thursday, January 29th. Finally, Raymond James Financial boosted their price target on CCL Industries from C$95.00 to C$100.00 in a research report on Friday, February 27th.

CCL Industries Stock Up 1.3%

Shares of CCL.B opened at C$89.66 on Friday. 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 has a one year low of C$74.69 and a one year high of C$95.00. The stock has a market capitalization of C$15.41 billion, a price-to-earnings ratio of 19.62, a PEG ratio of 0.26 and a beta of 0.90. The stock has a 50 day moving average price of C$86.37 and a 200 day moving average price of C$85.96.

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. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.