CCL Industries Inc. (TSE:CCL.B) had its price target cut by Laurentian Bank of Canada from C$71.00 to C$69.00 in a research note issued to investors on Thursday, StockTargetPrices.com reports. The firm currently has a “buy” rating on the stock.

Several other analysts also recently issued reports on CCL.B. TD Securities upped their price objective on CCL Industries from C$66.00 to C$67.00 and gave the company a “hold” rating in a research report on Wednesday, August 9th. BMO Capital Markets set a C$72.00 price objective on CCL Industries and gave the company an “outperform” rating in a research report on Wednesday, August 9th. Scotiabank reduced their price objective on CCL Industries from C$70.00 to C$68.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 9th. Laurentian reduced their price objective on CCL Industries from C$71.00 to C$69.00 and set a “buy” rating on the stock in a research report on Wednesday, August 9th. Finally, CIBC upped their price objective on CCL Industries from C$320.00 to C$340.00 in a research report on Wednesday, May 10th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$114.17.

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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.

Stock Target Prices

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

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