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Zacks Investment Research announced Avery Dennison Corp (NYSE:AVY), hiking its price target to $87.00 today

Yesterday Avery Dennison Corp (NYSE:AVY) traded 0.68% higher at $77.75. The company’s 50-day moving average is $77.47 and its 200-day moving average is $74.55. The last stock close price is up 4.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 423,164 shares of the stock were exchanged, down from an average trading volume of 668,598

Avery Dennison Corp (NYSE:AVY) had its target price raised to $87.00 by Zacks Investment Research in a report issued 9/21/2016. The increased target suggests a potential upside of 0.12% from the company's last stock close price.

See Chart Below

Avery Dennison Corp (NYSE:AVY)

Avery Dennison Corp has a 52 week low of $55.29 and a 52 week high of $79.27 with a PE ratio of 23.29 Avery Dennison Corp’s market capitalization is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $81.83 with 0 brokers rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Company Details For 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 apparel manufacturers and brand owners.

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