CCL Industries Inc. (TSE:CCL.B) has earned an average recommendation of “Buy” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is C$233.67.

Several research firms have recently weighed in on CCL.B. BMO Capital Markets upped their price target on shares of CCL Industries from C$330.00 to C$335.00 and gave the stock an “outperform” rating in a report on Thursday, April 20th. Scotiabank upped their price target on shares of CCL Industries from C$310.00 to C$320.00 and gave the stock an “outperform” rating in a report on Thursday, May 4th. CIBC upped their price target on shares of CCL Industries from C$320.00 to C$340.00 in a report on Wednesday, May 10th. TD Securities cut shares of CCL Industries from a “buy” rating to a “hold” rating and set a C$330.00 price target on the stock. in a report on Wednesday, May 10th. Finally, KeyCorp cut shares of CCL Industries from an “overweighr” rating to a “sector weight” rating in a report on Thursday, July 6th.

TRADEMARK VIOLATION NOTICE: This piece was first posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/08/05/ccl-industries-inc-tseccl-b-given-average-rating-of-buy-by-analysts.html.

About CCL Industries

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.

Analyst Recommendations for CCL Industries (TSE:CCL.B)

Receive News & Ratings for CCL Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CCL Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.