CCL Industries Inc. (TSE:CCL.B) Director Gunther Johann Birkner Sells 10,000 Shares

CCL Industries Inc. (TSE:CCL.B - Get Free Report) Director Gunther Johann Birkner sold 10,000 shares of the firm's stock in a transaction on Friday, June 27th. The stock was sold at an average price of C$79.00, for a total transaction of C$790,000.00.

Gunther Johann Birkner also recently made the following trade(s):

• On Friday, May 9th, Gunther Johann Birkner sold 15,000 shares of CCL Industries stock. The stock was sold at an average price of C$77.00, for a total value of C$1,155,000.00.

CCL Industries Trading Up 0.1%

CCL.B traded up C$0.10 during trading on Monday, reaching C$79.41. 170,021 shares of the stock traded hands, compared to its average volume of 316,537. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. The stock's 50-day moving average is C$76.24 and its 200 day moving average is C$73.28. CCL Industries Inc. has a 12 month low of C$64.93 and a 12 month high of C$84.70. The stock has a market capitalization of C$13.27 billion, a PE ratio of 21.12, a P/E/G ratio of 0.26 and a beta of 0.57.

Analyst Ratings Changes

A number of research firms have recently commented on CCL.B. CIBC reduced their price objective on shares of CCL Industries from C$96.00 to C$88.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. BMO Capital Markets lifted their price target on CCL Industries from C$90.00 to C$91.00 in a report on Friday, May 9th. Finally, TD Securities upped their price objective on CCL Industries from C$90.00 to C$95.00 and gave the company a "buy" rating in a report on Friday, May 9th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$89.25.

About CCL Industries

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.