Raymond James Keeps Their Buy Rating on CCL Industries (CCDBF)


In a report released today, Michael Glen from Raymond James maintained a Buy rating on CCL Industries (CCDBF), with a price target of C$57.50. The company’s shares closed last Monday at $34.03, close to its 52-week low of $33.89.

According to TipRanks.com, Glen is ranked #4382 out of 5976 analysts.

Currently, the analyst consensus on CCL Industries is a Strong Buy with an average price target of $47.84, a 40.2% upside from current levels. In a report issued on February 10, RBC Capital also maintained a Buy rating on the stock with a C$69.00 price target.

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The company has a one-year high of $51.29 and a one-year low of $33.89. Currently, CCL Industries has an average volume of 1,450.

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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; Innovia; and Container. The CCL segment focuses on the production of pressure sensitive and extruded film materials.

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