Overview
CCL Industries Inc. is a multinational corporation based in Toronto, Canada, primarily engaged in the manufacturing and sale of labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. The company operates through multiple segments, including CCL Label, CCL Container, Avery, and Checkpoint, providing innovative packaging and labeling solutions to various industries such as healthcare, automotive, consumer products, and electronics. Key projects have focused on expanding their global footprint and enhancing technological capabilities. Recent initiatives include acquisitions aimed at diversifying product offerings and entering new markets, such as the strategic purchase of Innovia, a leading producer of specialty films and substrates for polymer banknotes, positioning CCL Industries as a leader in high-security features for the currency sector. This approach supports sustained growth and addresses evolving market demands effectively.
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Basic Stats
The share price of CCL Industries Inc. as of September 11, 2025 is $81.07 / share. This is a decrease of -0.90% from the prior week. The market cap (or net worth) of CCL Industries Inc. as of September 11, 2025 is $13,907.53 MM.
The Factor Analysis chart (below right) shows a view of CCL Industries Inc. from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 13,907.53 MM |
| EV | 15,337.63 MM |
| Shares Out. | 174.39 MM |
| Earnings Date | |
| EPS (TTM) | 4.54 |
| Dividend Yield | 1.45 % |
| Ex-Dividend Date | 2025-09-15 |
| Borrow Rate | 0.88 |
| Short Shares Avail. | 0.25 MM |
| Short Interest | |
| Short Float | |
| Days to Cover | |
| Risk Free Rate | 4.04 % |
| Price Change (1 yr) | -1.90 % |
| Volatility (1 yr) | 0.21 |
| Beta | 0.41 |
| Sharpe Ratio (1 yr) | -0.29 |
| Sortino Ratio (1 yr) | -0.52 |
| PE Ratio | 17.56 |
| Price/Book | 2.59 |
| Price/TBV | 7.98 |
| Book/Market | 0.39 |
| EBIT/EV | 0.07 |
| EBIT(3yr avg)/EV | 0.06 |
| ROA | 0.08 |
| ROE | 0.16 |
| ROIC | 0.10 |
| CROIC | 0.04 |
| OCROIC | 0.14 |
| Implied Volatility | |
| Put/Call OI Ratio |
| Growth | 70.24 /100 |
| Profitability | 76.74 /100 |
| Quality Score | 73.43 /100 |
| Value Score | 72.04 /100 |
| Momentum Score | 57.80 /100 |
| Stability (Low Vol) Score | 87.08 /100 |
| Analyst Sentiment | 70.78 /100 |
| Fund Sentiment | 62.15 /100 |
| Insider Sentiment | |
| Officer Sentiment | |
| Dividend Score | 41.78 /100 |
| QVM Score | |
| Piotroski F-SCORE | 7.00 /9 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for CCL Industries Inc. is $94.55. The forecasts range from a low of $90.90 to a high of $100.80. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for CCL Industries Inc.. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-11-11 | TD Research | Buy | Downgrade | |
| 2022-11-11 | Scotiabank Capital | Outperform | Downgrade | |
| 2022-11-11 | RBC Royalbank | Outperform | Downgrade | |
| 2022-11-11 | Raymond James Capital | Outperform | Downgrade | |
| 2022-11-11 | National Bank of Canada Financial | Downgrade | ||
| 2022-11-11 | CIBC Capital Markets | Outperform | Downgrade | |
| 2022-11-10 | Scotiabank Capital | Outperform | Maintains | |
| 2022-11-10 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-10-14 | CIBC Capital Markets | Downgrade | ||
| 2022-08-12 | TD Research | Buy | Upgrade | |
| 2022-08-12 | Scotiabank Capital | Outperform | Maintains | |
| 2022-08-12 | National Bank of Canada Financial | Outperform | Upgrade | |
| 2022-08-12 | BMO Financial | Upgrade | ||
| 2022-08-11 | CIBC Capital Markets | Outperform | Upgrade | |
| 2022-06-24 | Scotiabank Capital | Outperform | Maintains | |
| 2022-06-01 | National Bank of Canada Financial | Outperform | Initiate | |
| 2022-05-13 | Scotiabank Capital | Outperform | Downgrade | |
| 2022-05-13 | RBC Royalbank | Outperform | Downgrade | |
| 2022-05-13 | BMO Financial | Outperform | Downgrade | |
| 2022-05-12 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-04-21 | CIBC Capital Markets | Outperform | Downgrade | |
| 2022-03-21 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-02-28 | Scotiabank Capital | Outperform | Maintains | |
| 2022-02-28 | CIBC Capital Markets | Outperform | Downgrade | |
| 2022-02-25 | Scotiabank Capital | Outperform | Initiate | |
| 2022-02-23 | CIBC Capital Markets | Outperform | Maintains | |
| 2022-01-10 | Scotiabank Capital | Outperform | Upgrade | |
| 2022-01-05 | TD Research | Buy | Downgrade | |
| 2022-01-05 | CIBC Capital Markets | Outperform | Maintains | |
| 2021-11-25 | CIBC WM | Outperform | Initiate | |
| 2021-11-12 | CIBC WM | Outperform | Downgrade | |
| 2021-11-12 | CIBC WG | Outperform | Downgrade | |
| 2021-10-21 | CIBC World Markets | Outperform | Maintains | |
| 2021-10-02 | CIBC World Markets | Buy | Reiterate | |
| 2021-10-01 | CIBC World Markets | Outperform | Initiate | |
| 2021-08-09 | TD Securities | Buy | Upgrade | |
| 2021-08-09 | Raymond James Financial | Outperform | Upgrade | |
| 2021-08-09 | Cormark Securities | Upgrade | ||
| 2021-08-09 | CIBC World Markets | Outperform | Upgrade | |
| 2021-08-09 | BMO Capital Markets | Upgrade | ||
| 2021-08-06 | CIBC World Markets | Outperform | Initiate | |
| 2021-08-04 | PI Financial | Buy | Upgrade | |
| 2021-05-14 | TD Securities | Buy | Upgrade | |
| 2021-05-14 | Sbank | Upgrade | ||
| 2021-05-14 | Raymond James Financial | Outperform | Upgrade | |
| 2021-05-14 | PI Financial | Buy | Upgrade | |
| 2021-05-14 | BMO Capital Markets | Upgrade | ||
| 2021-05-03 | CIBC World Markets | Outperform | Upgrade | |
| 2021-03-08 | PI Financial | Buy | Initiate | |
| 2021-03-01 | Raymond James Financial | Outperform | Upgrade | |
| 2021-02-26 | TD Securities | Buy | Upgrade | |
| 2021-02-26 | Sbank | Outperform | Upgrade | |
| 2021-02-26 | RBC Capital | Outperform | Upgrade | |
| 2021-02-26 | CIBC World Markets | Upgrade | ||
| 2021-02-26 | BMO Capital Markets | Upgrade | ||
| 2021-02-23 | CIBC World Markets | Outperform | Upgrade | |
| 2021-02-09 | RBC Capital | Outperform | Upgrade | |
| 2020-11-17 | TD Securities | Buy | Upgrade | |
| 2020-11-16 | RBC Capital | Outperform | Upgrade | |
| 2020-11-16 | Cormark Securities | Upgrade | ||
| 2020-09-18 | CIBC World Markets | Upgrade | ||
| 2020-08-10 | TD Securities | Hold | Buy | Upgrade |
| 2020-08-10 | Sbank | Upgrade | ||
| 2020-08-10 | RBC Capital | Outperform | Upgrade | |
| 2020-08-10 | Raymond James Financial | Outperform | Upgrade | |
| 2020-08-10 | CIBC World Markets | Upgrade | ||
| 2020-08-10 | BMO Capital Markets | Upgrade | ||
| 2020-05-17 | TD Securities | Hold | Downgrade | |
| 2020-05-17 | Sbank | Downgrade | ||
| 2020-05-17 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2020-05-17 | CIBC World Markets | Upgrade | ||
| 2020-05-17 | BMO Capital Markets | Downgrade | ||
| 2020-05-04 | BMO Capital Markets | Downgrade | ||
| 2020-04-27 | Raymond James Financial | Outperform | Downgrade | |
| 2020-03-31 | CIBC World Markets | Downgrade | ||
| 2020-03-04 | CIBC World Markets | Downgrade | ||
| 2020-02-24 | TD Securities | Hold | Downgrade | |
| 2020-02-24 | Sbank | Downgrade | ||
| 2020-02-24 | RBC Capital | Outperform | Downgrade | |
| 2020-02-24 | Raymond James Financial | Outperform | Downgrade | |
| 2020-02-24 | CIBC World Markets | Downgrade | ||
| 2020-01-30 | Laurentian Bank | Buy | Initiate | |
| 2019-12-16 | Raymond James Financial | Outperform | Initiate | |
| 2019-11-13 | RBC Capital | Outperform | Downgrade | |
| 2019-11-13 | CIBC World Markets | Downgrade | ||
| 2019-10-22 | CIBC World Markets | Downgrade | ||
| 2019-08-12 | CIBC World Markets | Downgrade | ||
| 2019-08-09 | RBC Capital | Outperform | Downgrade | |
| 2019-08-09 | BMO Capital Markets | Upgrade | ||
| 2019-07-22 | CIBC World Markets | Upgrade | ||
| 2019-07-16 | RBC Capital | Upgrade | ||
| 2019-05-16 | RBC Capital | Outperform | Upgrade | |
| 2019-02-25 | TD Securities | Hold | Downgrade | |
| 2019-02-25 | RBC Capital | Outperform | Upgrade | |
| 2019-02-25 | CIBC World Markets | Downgrade | ||
| 2019-01-21 | CIBC World Markets | Downgrade | ||
| 2018-11-08 | RBC Capital | Outperform | Downgrade | |
| 2018-11-08 | Laurentian Bank | Downgrade | ||
| 2018-11-08 | CIBC World Markets | Downgrade | ||
| 2018-11-07 | TD Securities | Hold | Downgrade | |
| 2018-10-05 | CIBC World Markets | Downgrade | ||
| 2018-07-14 | RBC Capital | Outperform | Initiate | |
| 2018-05-09 | TD Securities | Hold | Upgrade | |
| 2018-05-09 | Sbank | Outperform | Downgrade | |
| 2018-05-09 | Laurentian Bank | Downgrade | ||
| 2018-05-09 | CIBC World Markets | Downgrade | ||
| 2018-05-09 | BMO Capital Markets | Downgrade | ||
| 2018-03-12 | TD Securities | Upgrade | ||
| 2018-03-12 | BMO Capital Markets | Upgrade | ||
| 2018-03-09 | Sbank | Outperform | Upgrade | |
| 2018-02-23 | Sbank | Outperform | Upgrade | |
| 2018-02-23 | Laurentian Bank | Upgrade | ||
| 2018-02-23 | CIBC World Markets | Upgrade | ||
| 2018-02-23 | BMO Capital Markets | Outperform | Upgrade | |
| 2017-11-09 | TD Securities | Hold | Downgrade | |
| 2017-11-09 | Sbank | Outperform | Downgrade | |
| 2017-08-09 | TD Securities | Hold | Upgrade | |
| 2017-08-09 | Sbank | Outperform | Downgrade | |
| 2017-08-09 | Laurentian Bank | Buy | Downgrade | |
| 2017-07-07 | Sbank | Outperform | Maintains | |
| 2017-07-07 | BMO Capital Markets | Outperform | Maintains | |
| 2017-05-10 | TD Securities | Buy | Hold | Maintains |
| 2017-05-10 | Sbank | Outperform | Maintains | |
| 2017-05-10 | CIBC World Markets | 340 | Maintains | |
| 2017-05-04 | Sbank | Outperform | Maintains | |
| 2017-04-20 | BMO Capital Markets | Outperform | Maintains | |
| 2017-03-01 | CIBC World Markets | Outperform | Maintains | |
| 2017-02-27 | BMO Capital Markets | 330 | Maintains | |
| 2017-02-24 | TD Securities | Buy | Maintains | |
| 2017-02-24 | Sbank | Outperform | Maintains | |
| 2016-12-21 | Sbank | Outperform | Maintains | |
| 2016-12-20 | TD Securities | Buy | Maintains | |
| 2016-12-20 | Laurentian Bank | Buy | Maintains | |
| 2016-12-20 | BMO Capital Markets | 295 | Maintains | |
| 2016-11-10 | TD Securities | Buy | Maintains | |
| 2016-11-10 | Sbank | Outperform | Maintains | |
| 2016-08-08 | TD Securities | Buy | Maintains | |
| 2016-08-08 | Sbank | Outperform | Maintains | |
| 2016-08-08 | BMO Capital Markets | 285 | Maintains | |
| 2016-07-29 | Sbank | Outperform | Maintains | |
| 2016-04-29 | Sbank | Outperform | Maintains | |
| 2016-03-03 | Sbank | Outperform | Maintains | |
| 2016-02-22 | Sbank | Outperform | Maintains | |
| 2023-04-05 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-03-31 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-03-02 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-02-27 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-02-24 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-02-23 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-02-22 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-01-20 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2020-11-13 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-06-04 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-05-23 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-14 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-14 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-05-11 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-05-11 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-02-22 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-01-19 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2020-11-12 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2023-12-15 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-12-14 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-12-13 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-12-13 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-13 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-21 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-15 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-08-13 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-11 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-08-11 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-06-05 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-05-24 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-05-15 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-05-15 | TD SECURITIES | Buy | Buy | Maintains |
| 2023-05-12 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-05-12 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-08-20 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2023-08-14 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-08-12 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-08-10 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-08-10 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2024-07-30 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2024-07-19 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-07-15 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2024-06-19 | TD COWEN | Buy | Buy | Maintains |
| 2024-06-09 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-05-13 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2024-05-07 | STIFEL CANADA | Hold | Buy | Upgrade |
| 2024-02-22 | VENTUM FINANCIAL CORP. | Buy | Buy | Maintains |
| 2024-02-20 | STIFEL CANADA | Hold | Hold | Maintains |
| 2023-12-14 | PI FINANCIAL CORP | Buy | Buy | Maintains |
| 2023-12-13 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2023-12-12 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2023-12-12 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2023-11-12 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-03-24 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-02-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-02-26 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2025-02-20 | TD COWEN | Buy | Buy | Maintains |
| 2025-02-20 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-02-19 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-02-19 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-02-18 | STIFEL CANADA | Buy | Buy | Maintains |
| 2024-12-11 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2024-11-20 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2024-11-20 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2024-11-14 | TD COWEN | Buy | Buy | Maintains |
| 2024-11-14 | STIFEL CANADA | Buy | Buy | Maintains |
| 2024-11-14 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2024-11-13 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2024-11-12 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
| 2025-07-16 | TD COWEN | Buy | Buy | Maintains |
| 2025-07-13 | SCOTIABANK GBM | Outperform | Outperform | Maintains |
| 2025-05-22 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
| 2025-05-12 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
| 2025-05-11 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
| 2025-05-07 | RAYMOND JAMES LTD. | Outperform | Outperform | Maintains |
| 2025-05-06 | STIFEL CANADA | Buy | Buy | Maintains |
| 2025-05-06 | NATIONAL BANK FINANCIAL | Outperform | Outperform | Maintains |
