CCL Industries Inc. (TSE:CCL.B) Insider CCL Industries Inc. Acquires 1,609 Shares

CCL Industries Inc. (TSE:CCL.B) insider CCL Industries Inc. purchased 1,609 shares of the stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average cost of C$80.70 per share, for a total transaction of C$129,847.27.

CCL Industries Inc. also recently made the following trade(s):

• On Friday, August 30th, CCL Industries Inc. bought 67,024 shares of CCL Industries stock. The stock was purchased at an average price of C$76.93 per share, for a total transaction of C$5,155,915.03.

CCL Industries Price Performance

The stock has a market capitalization of C$13.32 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 0.26 and a beta of 0.57. CCL Industries Inc. has a one year low of C$52.82 and a one year high of C$82.96. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31. The stock’s 50-day simple moving average is C$77.46 and its 200-day simple moving average is C$73.29.

Analyst Ratings Changes

Several analysts have recently commented on the stock. National Bankshares lifted their price target on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. TD Securities upped their price target on CCL Industries from C$90.00 to C$92.00 and gave the company a “buy” rating in a research note on Monday, August 12th. BMO Capital Markets raised their price objective on CCL Industries from C$84.00 to C$90.00 in a research report on Thursday, September 12th. CIBC upped their target price on shares of CCL Industries from C$86.00 to C$88.00 and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Finally, Raymond James lifted their price target on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$85.44.

About CCL Industries

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.