CCL Industries Inc. (CCL.B) PT Lowered to C$66.00 at TD Securities
CCL Industries Inc. (TSE:CCL.B) had its price objective reduced by TD Securities from C$67.00 to C$66.00 in a research note issued to investors on Thursday morning. They currently have a hold rating on the stock.
A number of other analysts have also issued reports on the company. Laurentian dropped their target price on CCL Industries from C$71.00 to C$69.00 and set a buy rating on the stock in a research report on Wednesday, August 9th. Scotiabank dropped their target price on CCL Industries from C$70.00 to C$68.00 and set an outperform rating on the stock in a research report on Thursday, August 17th. BMO Capital Markets set a C$72.00 target price on CCL Industries and gave the stock an outperform rating in a research report on Wednesday, August 9th. Finally, Laurentian Bank of Canada lowered their price objective on CCL Industries from C$71.00 to C$69.00 and set a buy rating for the company in a report on Thursday, August 17th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average target price of C$113.83.
Shares of CCL Industries (TSE:CCL.B) opened at C$59.15 on Thursday. CCL Industries has a 52-week low of C$43.33 and a 52-week high of C$71.32.
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CCL Industries Company Profile
CCL Industries Inc is involved in manufacture of labels, containers, consumer printable media products and inventory management and loss prevention solutions. It operates through four segments: Label, Avery, Checkpoint and Container. The Label segment includes production of pressure sensitive and extruded film materials for a range of decorative, instructional and functional applications for customers in the consumer packaging, healthcare, automotive and consumer durables markets.
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