Avery Dennison Corp (NYSE:AVY) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 20, 2016
Yesterday Avery Dennison Corp (NYSE:AVY) traded 0.26% higher at $77.75. Avery Dennison Corp’s 50-day average is $77.48 and its 200-day average is $74.46. The last stock price close is up 4.29% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same period. 191,309 shares of the stock traded hands, down from ann avg. trading volume of 669,930.
Zacks Investment Research has downgraded Avery Dennison Corp(NYSE:AVY) to Hold in a report released 9/20/2016.
On 5/20/2016, JP Morgan reported on Avery Dennison Corp(NYSE:AVY) lowered the target price from $80.00 to $78.00 that suggested an upside of 0.05%.
Recent Performance Graphic:
A total of 6 equity analysts have released a ratings update on the company. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 analysts rate the company a hold, 0 rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a one year target of $81.83
Avery Dennison Corp has a 52 week low of $55.29 and a 52 week high of $79.27 with a price-earnings ratio of 23. AVY’s market cap is currently $0.0.
More About Avery Dennison Corp (NYSE:AVY)
Avery Dennison Corporation (Avery Dennison) is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The Company’s pressure-sensitive materials are sold to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. The Company’s operational segments include Pressure-sensitive Materials (PSM), Retail Branding and Information Solutions (RBIS), and Vancive Medical Technologies (Vancive). It also sells pressure-sensitive materials in converted form as tapes and reflective sheeting. It also manufactures and sells a range of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification (RFID) inlays and tags, and imprinting equipment and related services, which it markets to retailers, and and apparel manufacturers and brand owners.
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