CCL Industries Inc. (TSE:CCL.B - Get Free Report) insider Stuart W. Lang sold 38,016 shares of the stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of C$75.69, for a total transaction of C$2,877,431.04.
Stuart W. Lang also recently made the following trade(s):
- On Monday, May 12th, Stuart W. Lang sold 25,984 shares of CCL Industries stock. The shares were sold at an average price of C$79.80, for a total transaction of C$2,073,523.20.
CCL Industries Trading Up 1.2%
TSE CCL.B opened at C$78.22 on Friday. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The company has a market capitalization of C$13.07 billion, a price-to-earnings ratio of 20.80, a price-to-earnings-growth ratio of 0.26 and a beta of 0.57. The company's 50-day simple moving average is C$70.89 and its two-hundred day simple moving average is C$73.41. CCL Industries Inc. has a one year low of C$64.93 and a one year high of C$84.70.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. CIBC reduced their target price on shares of CCL Industries from C$96.00 to C$88.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Scotiabank increased their target price on shares of CCL Industries from C$85.00 to C$86.00 in a research note on Friday, February 21st. TD Securities raised their price target on shares of CCL Industries from C$90.00 to C$95.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Finally, BMO Capital Markets raised their price target on shares of CCL Industries from C$90.00 to C$91.00 in a research note on Friday, May 9th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$89.25.
Get Our Latest Stock Report on CCL Industries
CCL Industries Company Profile
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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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