CCL Industries Inc. (TSE:CCL.B) Director Ben Yaacob Lilienthal Sells 24,200 Shares

CCL Industries Inc. (TSE:CCL.B) Director Ben Yaacob Lilienthal sold 24,200 shares of CCL Industries stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of C$78.50, for a total transaction of C$1,899,700.00.

CCL Industries Stock Down 0.8%

Shares of TSE:CCL.B opened at C$77.90 on Thursday. The company has a market capitalization of C$13.01 billion, a PE ratio of 20.72, a P/E/G ratio of 0.26 and a beta of 0.57. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. CCL Industries Inc. has a twelve month low of C$64.93 and a twelve month high of C$84.70. The firm has a 50 day simple moving average of C$75.82 and a 200-day simple moving average of C$73.23.

Analyst Ratings Changes

A number of equities research analysts have commented on CCL.B shares. BMO Capital Markets increased their price objective on shares of CCL Industries from C$90.00 to C$91.00 in a research report on Friday, May 9th. CIBC dropped their target price on CCL Industries from C$96.00 to C$88.00 and set an “outperform” rating on the stock in a report on Tuesday, April 22nd. Finally, TD Securities raised their price target on CCL Industries from C$90.00 to C$95.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$89.25.

About CCL Industries

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.