Raymond James analyst Michael Glen upgraded CCL Industries to Outperform from Market Perform with a price target of C$78, up from C$74. Positive commentary at the firm’s presentation with CEO Geoff Martin surrounded the inflection the company is seeing in label demand which is being coupled with a favorable input cost set-up, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CCDBF:
- CCL Industries upgraded to Buy from Hold at Stifel
- CCL Industries price target raised to C$74 from C$70 at Raymond James
- CCL Industries price target raised to C$82 from C$72 at CIBC
- CCL Industries price target raised to C$81 from C$72 at RBC Capital
- CCL Industries price target raised to C$81 from C$76 at BMO Capital