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CCL Industries (TSE:CCL.B) Hits New 52-Week High at $77.15

CCL Industries logo with Consumer Cyclical background

CCL Industries Inc. (TSE:CCL.B - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$77.15 and last traded at C$71.28, with a volume of 165914 shares traded. The stock had previously closed at C$72.68.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on CCL.B shares. Royal Bank of Canada upped their price target on shares of CCL Industries from C$81.00 to C$83.00 in a report on Friday, May 10th. Stifel Nicolaus increased their target price on shares of CCL Industries from C$79.00 to C$83.00 in a research note on Friday, May 10th. Raymond James increased their target price on shares of CCL Industries from C$80.00 to C$84.00 and gave the company an "outperform" rating in a research note on Tuesday, June 11th. Scotiabank increased their target price on shares of CCL Industries from C$79.00 to C$80.00 in a research note on Friday, May 10th. Finally, TD Securities increased their target price on shares of CCL Industries from C$84.00 to C$90.00 in a research note on Friday, May 10th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$82.00.

View Our Latest Stock Report on CCL Industries

CCL Industries Stock Down 1.9 %

The firm has a market capitalization of C$11.95 billion, a P/E ratio of 23.08, a PEG ratio of 0.26 and a beta of 0.53. The firm's 50-day moving average is C$70.97 and its 200 day moving average is C$65.49. The company has a debt-to-equity ratio of 48.74, a quick ratio of 1.31 and a current ratio of 1.95.


Insider Buying and Selling at CCL Industries

In other CCL Industries news, Director Derek Cumming sold 3,200 shares of CCL Industries stock in a transaction on Monday, March 25th. The shares were sold at an average price of C$70.80, for a total value of C$226,560.00. In other news, Director Derek Cumming sold 3,200 shares of the business's stock in a transaction dated Monday, March 25th. The shares were sold at an average price of C$70.80, for a total transaction of C$226,560.00. Also, Senior Officer Kamal Chandrakant Kotecha sold 5,206 shares of the business's stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of C$70.28, for a total transaction of C$365,867.79. In the last three months, insiders have sold 85,324 shares of company stock worth $6,057,604. Insiders own 11.13% of the company's stock.

CCL Industries Company Profile

(Get Free Report)

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.

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