CCL Industries Inc. (TSE:CCL.B - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$76.74 and traded as high as C$78.59. CCL Industries shares last traded at C$77.94, with a volume of 264,375 shares traded.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on CCL.B. BMO Capital Markets raised their target price on CCL Industries from C$91.00 to C$95.00 in a research report on Friday, August 15th. National Bankshares raised their target price on CCL Industries from C$94.00 to C$96.00 and gave the stock an "outperform" rating in a research report on Friday, August 15th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of C$91.43.
Read Our Latest Report on CCL.B
CCL Industries Stock Down 0.3%
The business has a 50-day simple moving average of C$79.89 and a two-hundred day simple moving average of C$76.74. The company has a market cap of C$13.59 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 0.26 and a beta of 0.51. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.
About CCL Industries
(
Get Free Report)
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.
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