CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month target by CAD4 to CAD98 on an EV/EBITDA of 11x our 2026 EBITDA forecast, a premium to its five-year average forward EV/EBITDA of 10.0x. We raise our 2026 EPS view to CAD4.90 from CAD4.89 and 2027 to CAD5.31 from CAD5.27. We maintain our Strong Buy opinion following Q1 results that beat EPS estimates. Q1 organic sales grew 3.1% with solid performance across Design, Secure, and Healthcare/Specialty segments, along with a recovery in food and beverage packaging. Although management flagged resin and aluminum inflation, we think CCL Industries is well positioned to pass through pricing. Relief from Section 232 tariffs benefited U.S. operations in Q1 and could be an additional tailwind through 2026 by reducing upward pressure on aluminum prices. The company generates consistent cash flow from operations ($37.3M in Q1 2026), allowing strategic flexibility for share repurchases and bolt-on M&A.