CCL Industries (CCL.B) Price Target Lowered to C$62.00 at Royal Bank of Canada
CCL Industries (TSE:CCL.B) had its target price cut by Royal Bank of Canada from C$70.00 to C$62.00 in a research report sent to investors on Thursday morning. They currently have an outperform rating on the stock.
CCL.B has been the topic of a number of other reports. CIBC cut their price target on CCL Industries from C$73.00 to C$72.00 in a report on Friday, October 5th. Laurentian cut their price target on CCL Industries from C$74.00 to C$71.00 in a report on Thursday. Finally, TD Securities cut their price target on CCL Industries from C$70.00 to C$64.00 and set a hold rating on the stock in a report on Wednesday.
TSE:CCL.B opened at C$52.77 on Thursday. CCL Industries has a 1 year low of C$53.00 and a 1 year high of C$71.32.
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.
Featured Article: Technical Analysis of Stocks and What It Means
Receive News & Ratings for CCL Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CCL Industries and related companies with MarketBeat.com's FREE daily email newsletter.