CCL Industries Inc. (TSE:CCL.B) Senior Officer Suzana Furtado Sells 250 Shares

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

CCL Industries Price Performance

TSE CCL.B opened at C$74.82 on Friday. The business has a 50 day simple moving average of C$72.36 and a 200 day simple moving average of C$76.53. CCL Industries Inc. has a 52-week low of C$66.96 and a 52-week high of C$84.70. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The stock has a market cap 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.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CCL.B. TD Securities decreased their price objective on shares of CCL Industries from C$98.00 to C$94.00 in a report on Friday, November 15th. Scotiabank increased their price target on shares of CCL Industries from C$85.00 to C$86.00 in a research report on Friday, February 21st. Stifel Nicolaus increased their price target on shares of CCL Industries from C$85.00 to C$90.00 in a research report on Monday, November 18th. CIBC cut their price target on shares of CCL Industries from C$97.00 to C$96.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Finally, Royal Bank of Canada cut their price target on shares of CCL Industries from C$92.00 to C$90.00 in a research report on Friday, November 15th. Six research analysts have rated the stock with a buy rating, According to data from 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.