Multi-Color Corporation (NASDAQ:LABL) has been downgraded to Underweight in a statement by KeyCorp earlier today.
- Updated: November 29, 2016
Boasting a price of $75.20, Multi-Color Corporation (NASDAQ:LABL) traded 0.13% higher on the day. With the last stock price close up 15.06% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Multi-Color Corporation has recorded a 50-day average of $68.17 and a two hundred day average of $65.36. Volume of trade was down over the average, with 30 shares of LABL changing hands under the typical 85,530
KeyCorp has downgraded Multi-Color Corporation (NASDAQ:LABL) to Underweight in a statement released on 11/29/2016.
Recent Performance Chart
Multi-Color Corporation has 52 week low of $40.15 and a 52 week high of $76.50 with a PE ratio of 25.48 and has a market capitalization of $0.
In addition to KeyCorp reporting its target price, a total of 5 brokers have issued a report on the stock. The consensus target price is $69.40 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Multi-Color Corporation (NASDAQ:LABL)
Multi-Color Corporation (Multi-Color) is engaged in label solutions business, supporting brands, including producers of home and personal care, wine and spirit, food and beverage, healthcare and specialty consumer products. The Company serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China and Southeast Asia with a range of label technologies in Pressure Sensitive, Glue-Applied (Cut and Stack), In-Mold, Shrink Sleeve and Heat Transfer. The Company also provides a range of print methods, including flexographic, lithographic, rotogravure, letterpress and digital, and in-house prepress services. The Company provides graphics and pre-press services for its customers at all of its manufacturing locations. These services include the conversion of customer digital files and artwork into proofs, production of print layouts and printing plates, and product mock ups and samples for market research.
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