CCL Industries Inc. (CCL.B) Given Consensus Rating of “Buy” by Analysts

CCL Industries Inc. (TSE:CCL.B) has been assigned a consensus rating of “Buy” from the seven ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$233.67.

Receive News & Ratings for CCL Industries Inc. Daily

Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CCL Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

A number of brokerages have commented on CCL.B. Scotiabank upped their target price on shares of CCL Industries from C$65.00 to C$70.00 and gave the stock an “outperform” rating in a research note on Friday, July 7th. CIBC upped their price target on shares of CCL Industries from C$320.00 to C$340.00 in a research report on Wednesday, May 10th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$72.00 price target on shares of CCL Industries in a research report on Friday, July 7th. KeyCorp cut shares of CCL Industries from an “overweighr” rating to a “sector weight” rating in a research report on Thursday, July 6th. Finally, TD Securities cut shares of CCL Industries from a “buy” rating to a “hold” rating and set a C$330.00 price target for the company. in a research report on Wednesday, May 10th.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by [[site]] and is the sole property of of [[site]]. If you are viewing this piece of content on another publication, it was stolen and reposted in violation of United States & international copyright and trademark laws. The correct version of this piece of content can be read at [[permalink]].

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.