Zacks Investment Research downgraded Avery Dennison Corp (NYSE:AVY) to Hold in a report released today.
- Updated: November 30, 2016
Zacks Investment Research has downgraded Avery Dennison Corp (NYSE:AVY) to Hold in a report released on 11/30/2016.
Just yesterday Avery Dennison Corp (NYSE:AVY) traded -1.22% lower at $72.22. Avery Dennison Corp’s 50-day moving average is $72.44 and its 200-day moving average is $75.07. The last stock price is down -4.01% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,383,702 shares of AVY traded hands, up from an average trading volume of 692,619
Recent Performance Chart
Avery Dennison Corp has 52 week low of $57.06 and a 52 week high of $79.27 with a PE ratio of 20.89 and has a total market value of $0.
A total of 6 equity analysts have released a research note 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.
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 apparel manufacturers and brand owners.
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