CCL Industries (OTCMKTS:CCDBF) Price Target Raised to C$83.00 at BMO Capital Markets

CCL Industries (OTCMKTS:CCDBF) had its price target lifted by BMO Capital Markets from C$82.00 to C$83.00 in a research report report published on Tuesday morning, The Fly reports.

Other equities research analysts also recently issued research reports about the company. Scotiabank upped their target price on CCL Industries from C$80.00 to C$82.00 in a research report on Monday, January 10th. TD Securities cut their price target on CCL Industries from C$83.00 to C$81.00 and set a buy rating on the stock in a research note on Wednesday, November 17th. Finally, CIBC cut their price target on CCL Industries from C$82.00 to C$80.00 and set an outperform rating on the stock in a research note on Monday, November 15th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of Buy and a consensus target price of $81.17.

Shares of OTCMKTS CCDBF opened at $53.40 on Tuesday. CCL Industries has a 1-year low of $46.67 and a 1-year high of $59.41. The business has a 50-day moving average of $52.23 and a 200-day moving average of $54.34.

About CCL Industries

CCL Industries, Inc engages in the conversion of pressure sensitive and extruded film materials for decorative, instructional, security, and functional applications. It operates through the following segments: CCL; Avery; Checkpoint; and Innovia. The CCL segment focuses on the production of pressure sensitive and extruded film materials.

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