Ben Yaacob Lilienthal Sells 24,200 Shares of CCL Industries Inc. (TSE:CCL.B) Stock

CCL Industries Inc. (TSE:CCL.B) Director Ben Yaacob Lilienthal sold 24,200 shares of the company’s stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of C$78.50, for a total value of C$1,899,700.00.

CCL Industries Stock Up 1.5%

Shares of CCL Industries stock opened at C$79.04 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.96 and a debt-to-equity ratio of 48.08. CCL Industries Inc. has a 12 month low of C$64.93 and a 12 month high of C$84.70. The business has a fifty day simple moving average of C$76.02 and a 200 day simple moving average of C$73.27. The stock has a market cap of C$13.20 billion, a PE ratio of 21.02, a price-to-earnings-growth ratio of 0.26 and a beta of 0.57.

Analyst Ratings Changes

CCL.B has been the topic of several research reports. CIBC dropped their price target on CCL Industries from C$96.00 to C$88.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd. BMO Capital Markets increased their target price on CCL Industries from C$90.00 to C$91.00 in a research report on Friday, May 9th. Finally, TD Securities increased their price target on CCL Industries from C$90.00 to C$95.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, CCL Industries has a consensus rating of “Buy” and a consensus target price of C$89.25.

CCL Industries Company Profile

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.