CCL Industries (TSE:CCL.B) Given New C$103.00 Price Target at Stifel Nicolaus

CCL Industries (TSE:CCL.B) had its price objective boosted by Stifel Nicolaus from C$92.00 to C$103.00 in a research note released on Thursday morning,BayStreet.CA reports.

Several other analysts have also issued reports on CCL.B. BMO Capital Markets boosted their price target on CCL Industries from C$91.00 to C$95.00 in a report on Friday, August 15th. National Bankshares lifted their price objective on CCL Industries from C$94.00 to C$96.00 and gave the company an “outperform” rating in a research report on Friday, August 15th. Finally, TD Securities boosted their price objective on CCL Industries from C$95.00 to C$100.00 in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, CCL Industries presently has an average rating of “Buy” and a consensus target price of C$95.88.

CCL Industries Trading Up 0.1%

Shares of CCL.B stock opened at C$87.49 on Thursday. 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 company has a market cap of C$15.16 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 0.26 and a beta of 0.60. CCL Industries has a 1 year low of C$64.93 and a 1 year high of C$89.06. The firm has a fifty day moving average price of C$79.07 and a 200-day moving average price of C$78.74.

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.