CCL Industries Inc. (TSE:CCL.B) had its price target increased by Scotiabank from C$65.00 to C$70.00 in a research report issued to clients and investors on Friday. The firm currently has an “outperform” rating on the stock.
Other research analysts have also issued reports about the company. KeyCorp lowered CCL Industries from an “overweighr” rating to a “sector weight” rating in a research report on Thursday, July 6th. CIBC increased their price objective on CCL Industries from C$320.00 to C$340.00 in a research report on Wednesday, May 10th. TD Securities lowered CCL Industries from a “buy” rating to a “hold” rating and set a C$330.00 price objective for the company. in a research report on Wednesday, May 10th. Finally, BMO Capital Markets increased their price objective on CCL Industries from C$330.00 to C$335.00 and gave the stock an “outperform” rating in a research report on Thursday, April 20th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of C$233.67.
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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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