Insider Selling: CCL Industries Inc. (TSE:CCL.B) Senior Officer Sells C$775,000.00 in Stock

CCL Industries Inc. (TSE:CCL.B) Senior Officer James Andrew Sellors sold 10,000 shares of CCL Industries stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$77.50, for a total value of C$775,000.00.

CCL Industries Trading Up 0.4 %

Shares of CCL Industries stock opened at C$77.61 on Friday. The firm has a market cap of C$12.97 billion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 0.26 and a beta of 0.57. CCL Industries Inc. has a 52-week low of C$55.34 and a 52-week high of C$84.70. The company’s 50-day simple moving average is C$80.64 and its 200-day simple moving average is C$75.97. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CCL.B shares. BMO Capital Markets lifted their price target on CCL Industries from C$90.00 to C$93.00 in a research report on Friday, November 15th. Stifel Nicolaus upped their price target on shares of CCL Industries from C$85.00 to C$90.00 in a research report on Monday, November 18th. TD Securities decreased their price target on shares of CCL Industries from C$98.00 to C$94.00 in a research note on Friday, November 15th. Raymond James lifted their price objective on shares of CCL Industries from C$84.00 to C$87.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Finally, Scotiabank increased their target price on shares of CCL Industries from C$80.00 to C$84.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$88.44.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells labels, containers, consumer printable media products, technology driven label solutions, polymer bank note substrates, and specialty films. The company operates through four segments: CCL, Avery, Checkpoint, and Innovia. The CCL segment offers pressure sensitive and specialty extruded film materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemicals, consumer electronic device, and automotive markets.