CCL Industries Inc. (TSE:CCL.B) Insider Stuart W. Lang Sells 25,984 Shares

CCL Industries Inc. (TSE:CCL.B - Get Free Report) insider Stuart W. Lang sold 25,984 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of C$79.80, for a total value of C$2,073,523.20.

Stuart W. Lang also recently made the following trade(s):

• On Wednesday, May 14th, Stuart W. Lang sold 38,016 shares of CCL Industries stock. The stock was sold at an average price of C$75.69, for a total value of C$2,877,431.04.

CCL Industries Price Performance

Shares of TSE CCL.B traded up C$0.92 during midday trading on Friday, hitting C$78.22. The stock had a trading volume of 243,447 shares, compared to its average volume of 322,786. The company has a market capitalization of C$13.07 billion, a PE ratio of 20.80, a P/E/G ratio of 0.26 and a beta of 0.57. The stock has a 50 day simple moving average of C$70.89 and a 200-day simple moving average of C$73.41. CCL Industries Inc. has a 1 year low of C$64.93 and a 1 year high of C$84.70. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

Wall Street Analysts Forecast Growth

CCL.B has been the topic of several analyst reports. CIBC dropped their target price on CCL Industries from C$96.00 to C$88.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Scotiabank raised their price objective on CCL Industries from C$85.00 to C$86.00 in a report on Friday, February 21st. BMO Capital Markets raised their price objective on CCL Industries from C$90.00 to C$91.00 in a report on Friday, May 9th. Finally, TD Securities raised 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 investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$89.25.

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.