Raymond James downgraded shares of CCL Industries (OTCMKTS:CCDBF – Get Rating) from an outperform rating to a market perform rating in a research note released on Monday morning, The Fly reports.
A number of other analysts have also recently weighed in on CCDBF. Scotiabank dropped their price objective on shares of CCL Industries from C$75.00 to C$73.00 in a report on Friday, January 20th. BMO Capital Markets lifted their price target on CCL Industries to C$78.00 in a report on Friday, February 24th. Finally, TD Securities boosted their price objective on CCL Industries from C$72.00 to C$73.00 in a research report on Monday, February 27th.
CCL Industries Price Performance
Shares of OTCMKTS CCDBF opened at $49.40 on Monday. CCL Industries has a 1-year low of $41.61 and a 1-year high of $53.17. The business’s fifty day moving average price is $46.77 and its two-hundred day moving average price is $46.13.
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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