CCL Industries Inc. (TSE:CCL.B) Senior Officer James Andrew Sellors Sells 10,000 Shares

CCL Industries Inc. (TSE:CCL.B) Senior Officer James Andrew Sellors sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$77.50, for a total transaction of C$775,000.00.

CCL Industries Trading Up 0.6 %

CCL.B stock traded up C$0.45 during midday trading on Thursday, reaching C$77.37. The company’s stock had a trading volume of 91,877 shares, compared to its average volume of 273,018. CCL Industries Inc. has a 1 year low of C$55.34 and a 1 year 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 fifty day simple moving average of C$80.79 and a two-hundred day simple moving average of C$75.88. The firm has a market capitalization of C$12.93 billion, a price-to-earnings ratio of 20.46, a PEG ratio of 0.26 and a beta of 0.57.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Royal Bank of Canada dropped their price objective on shares of CCL Industries from C$92.00 to C$90.00 in a research note on Friday, November 15th. BMO Capital Markets raised their target price on shares of CCL Industries from C$90.00 to C$93.00 in a research note on Friday, November 15th. Stifel Nicolaus lifted their target price on CCL Industries from C$85.00 to C$90.00 in a report on Monday, November 18th. National Bankshares boosted their target price on CCL Industries from C$84.00 to C$87.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Finally, Scotiabank boosted their target price on shares of 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. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$88.44.

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.