BMO Capital Markets raises CCL Industries target price to C$81.00, maintains outperform rating.

BMO Capital Markets raised its target price for CCL Industries (CCL.B) to C$81.00, with a current outperform rating on the stock. The company has recently been the subject of reports from several other analysts, including Stifel Nicolaus, CIBC, Scotiabank, Royal Bank of Canada, and Raymond James, all giving varying price targets and ratings. CCL Industries is expected to post Q1 2024 earnings of $0.97 per share, with a quarterly dividend payment of $0.29 per share.

February 27, 2024
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