CCL Industries Inc. (TSE:CCL.B) PT Lowered to C$69.00

CCL Industries Inc. (TSE:CCL.B) had its target price trimmed by Laurentian from C$71.00 to C$69.00 in a report published on Wednesday morning. The firm currently has a buy rating on the stock.

Several other equities analysts also recently weighed in on the company. BMO Capital Markets reaffirmed an outperform rating and issued a C$72.00 target price on shares of CCL Industries in a research report on Friday, July 7th. Scotiabank lifted their target price on CCL Industries from C$65.00 to C$70.00 and gave the company an outperform rating in a research report on Friday, July 7th. KeyCorp downgraded CCL Industries from an overweighr rating to a sector weight rating in a research report on Thursday, July 6th. TD Securities downgraded CCL Industries from a buy rating to a hold rating and set a C$330.00 target price for the company. in a research report on Wednesday, May 10th. Finally, CIBC lifted their target price on CCL Industries from C$320.00 to C$340.00 in a research report on Wednesday, May 10th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of C$151.83.

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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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