Impact of Brokerage Rating on Avery Dennison Corporation(AVY)

Many Avery Dennison Corporation(AVY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Avery Dennison Corp was Upgraded by Citigroup to Buy on Jan 6, 2017. Avery Dennison Corp was Upgraded by BofA/Merrill to Neutral on Dec 7, 2016. Avery Dennison Corp was Initiated by Aegis Capital to Hold on Nov 21, 2016.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Dean A Scarborough (Executive Chairman) sold 25,000 shares at 79.26 per share price.On Feb 6, 2017, Susan C Miller (Senior VP, Gen Counsel & Secty) sold 104,065 shares at 79.17 per share price.On Nov 29, 2016, Julia A Stewart (director) sold 2,000 shares at 72.65 per share price.

Avery Dennison Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.99 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.93. The company had revenue of $1551.00 million for the quarter, compared to analysts expectations of $1502.10 million. The companys revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 EPS.

Avery Dennison Corporation (NYSE:AVY) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2 by 6 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Avery Dennison Corporation (NYSE:AVY): 5 analysts have set the short term price target of Avery Dennison Corporation (NYSE:AVY) at $85.6. The standard deviation of short term price target has been estimated at $9.02, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 100 and $75 respectively.

Avery Dennison Corporation (NYSE:AVY) witnessed a decline in the market cap on Tuesday as its shares dropped 0.2% or 0.16 points. After the session commenced at $79.46, the stock reached the higher end at $79.92 while it hit a low of $78.82. With the volume soaring to 624,567 shares, the last trade was called at $79.29. The company has a 52-week high of $80.84. The company has a market cap of $7,056 million and there are 88,991,587 shares in outstanding. The 52-week low of the share price is $62.99.

Avery Dennision Corporation produces pressure-sensitive adhesives and materials and the production of consumer and converted products. Some pressure-sensitive adhesives and materials are converted into labels and other products through embossing, printing, stamping and die-cutting, and some are sold in unconverted form as base materials, tapes and reflective sheeting. The company also manufactures and sells a variety of consumer and converted products and other items not involving pressure-sensitive components, such as notebooks, three-ring binders, among others.


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