What is the target price for CCL stock?

Truist analyst C. Patrick Scholes believes that cruising prices are still lower as compared to rising food and fuel cost. With lowered expectations, Scholes has a price target of $15 for CCL stock. However, I believe that the recession factor is yet to be discounted.

Is CCL a TSX 60 company?

It is listed on the Toronto Stock Exchange, and is an S&P/TSX 60 Component. CCL consists of five divisions – CCL Label, CCL Container, Avery, Checkpoint, and Innovia. It has 154 manufacturing facilities in North America, Latin America, Europe, Asia, Australia and Africa operated by approximately 20,000 employees.

Where is CCL Industries Inc headquartered?

The company was founded by Gordon S. Lang in 1951 and is headquartered in Toronto, Canada. CCL.B | Complete CCL Industries Inc. Cl B stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Is CCL stock still seeking a true bottom?

This means that I expect rallies to fade in a descending channel of lower-lows and lower-highs. CCL stock is still seeking a true bottom. The March 8th low could be it, but I would rather see evidence of that before I can trust it. Those who trusted the December 1st low learned that they made a mistake.