CCL Industries Inc. (TSE:CCL.B) Insider Purchases C$5,197,557.04 in Stock

CCL Industries Inc. (TSE:CCL.B) insider CCL Industries Inc. acquired 67,024 shares of the business’s stock in a transaction on Friday, November 29th. The shares were purchased at an average price of C$77.55 per share, with a total value of C$5,197,557.04.

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

• On Wednesday, September 18th, CCL Industries Inc. purchased 1,609 shares of CCL Industries stock. The shares were purchased at an average price of C$80.70 per share, for a total transaction of C$129,847.27.

CCL Industries Trading Down 1.6 %

Shares of CCL.B stock opened at C$77.13 on Friday. The stock has a market cap of C$12.89 billion, a P/E ratio of 20.51, a P/E/G ratio of 0.26 and a beta of 0.57. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. CCL Industries Inc. has a fifty-two week low of C$55.34 and a fifty-two week high of C$84.70. The business has a fifty day simple moving average of C$80.45 and a 200-day simple moving average of C$76.08.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CCL.B shares. TD Securities reduced their price objective on shares of CCL Industries from C$98.00 to C$94.00 in a research report on Friday, November 15th. Scotiabank raised their price target on CCL Industries from C$80.00 to C$84.00 and gave the company an “outperform” rating in a report on Monday, August 12th. BMO Capital Markets upped their price objective on CCL Industries from C$90.00 to C$93.00 in a report on Friday, November 15th. Stifel Nicolaus raised their target price on CCL Industries from C$85.00 to C$90.00 in a report on Monday, November 18th. Finally, National Bankshares upped their price target on shares of 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. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently 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.