TD Securities Sticks to Its Hold Rating for CCL Industries Cl A (CCL.A)

By Austin Angelo

In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, CCL Industries Cl A (CCL.AResearch Report). TD Securities’ analyst Damir Gunja reiterates their Hold rating on the shares, with a C$59 price target.

Gunja has an average return of 26.9% when recommending CCL Industries Cl A.

According to TipRanks.com, Gunja is ranked #2074 out of 5127 analysts.

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CCL Industries Cl A has an analyst consensus of Strong Buy, with a price target consensus of C$67.

CCL Industries Cl A’s market cap is currently C$9.31B and has a P/E ratio of 17.7. The company has a Price to Book ratio of 3.83.

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.

The company’s shares closed on Thursday at C$53.18, close to its 52-week low of C$50.41.