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Avery Dennison Corp (NYSE:AVY) target price raised to $97.00, issued a report today by Zacks Investment Research

Reporting a potential upside of 0.10%, Zacks Investment Research upped the price target of Avery Dennison Corp (NYSE:AVY) to $97.00

Yesterday Avery Dennison Corp (NYSE:AVY) traded 1.12% higher at $87.92. The company’s 50-day moving average is $93.66 and its 200-day moving average is $86.71. The last stock close price is up 11.68% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 903,393 shares of the stock were exchanged, up from an average trading volume of 632,069

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Avery Dennison Corp (NYSE:AVY)

Avery Dennison Corp has a price-earnings ratio of 22.75 with a one year low of $68.55 and a one year high of $97.11 AVY’s total market value is presently $0.

A total of 6 equity analysts have released a ratings update on AVY. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $81.83.

Brief Synopsis 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 segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). The Company's LGM segment manufactures and sells Fasson-, JAC-, and Avery Dennison-brand pressure-sensitive label and packaging materials, Avery Dennison- and Mactac-brand graphics, and Avery Dennison-brand reflective products. The Company's RBIS segment designs, manufactures and sells a range of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers on a global basis. The Company's IHM segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive-brand medical pressure-sensitive adhesive (PSA) based materials and products, and performance polymers.

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