CCL Industries Inc. (TSE:CCL.B – Get Rating) Director Sebastian Rubino sold 400 shares of CCL Industries in a transaction on Monday, September 19th. The shares were sold at an average price of $67.72 for a total transaction of $27,088.00. Following the sale, the Director now owns 80,448 shares of the Company, valued at $5,447,938.56.
Sebastian Rubino also recently made the following trades:
- On Thursday September 1st, Sebastian Rubino sold 9,378 shares of CCL Industries. The shares were sold at an average price of $63.52 for a total transaction of $595,653.05.
Price history of CCL Industries
CCL.B fell C$0.30 on Tuesday afternoon to reach C$67.44. 27,199 shares of the Company were exchanged compared to an average volume of 278,974. CCL Industries Inc. has a yearly low of $53.36 and a yearly high of $70.67. The company has a 50-day simple moving average of $64.33 and a 200-day simple moving average of $60.54. The company has a quick ratio of 1.26, a current ratio of 1.86 and a debt to equity ratio of 62.75. The company has a market capitalization of CA$11.93 billion and a price-to-earnings ratio of 20.04.
Analyst upgrades and downgrades
A number of brokers have issued reports on CCL.B. Pi Financial raised its price target for shares of CCL Industries to C$82.00 from C$79.00 in a research report on Thursday, August 4. National Bankshares raised its price target on CCL Industries shares to $81.00 from $79.00 and rated the stock “Outperform” in a research note on Friday, August 12. BMO Capital Markets increased its price target on shares of CCL Industries to C$80.00 from C$79.00 in a report on Friday, August 12. TD Securities increased its price target on CCL Industries stock to $73.00 from $70.00 and gave the stock a “buy” rating in a research note on Friday, August. Finally, in a report on Monday, August 15, CIBC raised its price target on CCL Industries shares to $74.00 from $71.00. Six research analysts have given the stock a buy rating. According to data from MarketBeat.com, the company has a consensus rating of “buy” and an average target price of $77.44.
About CCL Industries
CCL Industries Inc manufactures and sells labels, containers, printable consumer media products, technology-driven labeling solutions, polymeric banknote substrates and specialty films. The Company operates through four segments: CCL, Avery, Checkpoint and Innovia. The CCL segment offers pressure-sensitive and specialty extruded sheet materials for decorative, instructional, functional, and security applications in the consumer packaging, healthcare, chemical, consumer electronics, and automotive markets.
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