CCL Industries (TSE:CCL.B) Sets New 1-Year High – Here’s Why

Posted by George Bondi on Aug 15th, 2026

CCL Industries Inc. (TSE:CCL.B – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$95.82 and last traded at C$95.67, with a volume of 200158 shares changing hands. The stock had previously closed at C$91.58.

CCL Industries News Summary

Here are the key news stories impacting CCL Industries this week:

Positive Sentiment: Multiple analysts raised price targets and maintained bullish ratings. Raymond James increased its target to C$105 and assigned an “outperform” rating; RBC raised its target to C$107 with an “outperform” rating; National Bank lifted its target to C$106 and also rated the shares “outperform.” ATB Cormark raised its target to C$104 and maintained an “outperform” view. BayStreet.CA analyst ratings
Positive Sentiment: Additional target increases point to significant perceived upside. CIBC raised its target from C$104 to C$113, BMO increased its target to C$110, and TD lifted its target to C$115 while upgrading or maintaining a “buy” stance. The revised targets imply approximately 7.6% to 19.0% upside based on the referenced share price, signaling stronger analyst confidence in CCL’s earnings outlook and valuation potential. TickerReport analyst ratings BayStreet.CA analyst ratings
Positive Sentiment: CCL Industries declared a C$0.36 dividend. The dividend announcement adds to the stock’s appeal for income-focused investors and may reinforce confidence in the company’s cash-generation capacity, although the provided report does not specify the record or payment dates. CCL Industries declares C$0.36 dividend

Wall Street Analysts Forecast Growth

CCL.B has been the topic of several recent research reports. Stifel Nicolaus increased their price target on shares of CCL Industries from C$103.00 to C$105.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Canadian Imperial Bank of Commerce boosted their price objective on shares of CCL Industries from C$104.00 to C$113.00 in a research report on Friday. Royal Bank Of Canada upped their price objective on CCL Industries from C$100.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Friday. TD raised their target price on CCL Industries from C$110.00 to C$115.00 and gave the stock a “buy” rating in a report on Friday. Finally, Raymond James Financial lifted their target price on CCL Industries from C$100.00 to C$105.00 and gave the company an “outperform” rating in a research report on Friday. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$106.60.

Read Our Latest Report on CCL Industries

CCL Industries Price Performance

The firm has a 50 day moving average of C$90.43 and a 200-day moving average of C$88.02. The company has a current ratio of 1.96, a quick ratio of 1.31 and a debt-to-equity ratio of 48.08. The company has a market cap of C$16.31 billion, a P/E ratio of 20.66, a P/E/G ratio of 0.26 and a beta of 0.95.

CCL Industries Company Profile

(Get Free Report)

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. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.