Avery Dennison Corp (NYSE:AVY) has analysts on the Bullish side this week.

October 4, 2017 - By Adrian Erickson

 Avery Dennison Corp (NYSE:AVY) has analysts on the Bullish side this week.
Investors sentiment increased to 0.97 in 2017 Q2. Its up 0.05, from 0.92 in 2017Q1. It increased, as 32 investors sold Avery Dennison Corp shares while 164 reduced holdings. 60 funds opened positions while 130 raised stakes. 71.92 million shares or 2.27% less from 73.59 million shares in 2017Q1 were reported.
Nelson Roberts Inv Advsrs Limited Liability holds 0% or 130 shares in its portfolio. Lazard Asset Mgmt holds 0% or 2,387 shares. Regions Fincl holds 0.01% or 5,067 shares in its portfolio. 1.94M were accumulated by Victory Mngmt. Lsv Asset Mgmt reported 0.04% in Avery Dennison Corp (NYSE:AVY). Mckinley Capital Mgmt Ltd Limited Liability Company Delaware owns 42,354 shares or 0.14% of their US portfolio. Comml Bank Of Nova Scotia stated it has 17,838 shares or 0.01% of all its holdings. Moreover, King Luther Cap Mgmt has 0.01% invested in Avery Dennison Corp (NYSE:AVY) for 16,825 shares. Norinchukin National Bank The holds 6,144 shares or 0.01% of its portfolio. Atlantic Grp Ltd holds 0.01% in Avery Dennison Corp (NYSE:AVY) or 10,740 shares. Mai Mngmt has invested 0.06% in Avery Dennison Corp (NYSE:AVY). Parametric Port Associate Ltd Limited Liability Company stated it has 381,162 shares or 0.04% of all its holdings. Employees Retirement Systems Of Texas reported 13,000 shares. Moreover, Lord Abbett & Llc has 0.09% invested in Avery Dennison Corp (NYSE:AVY) for 337,100 shares. Chase Investment Counsel holds 0.56% or 12,980 shares.

Since April 28, 2017, it had 0 buys, and 4 selling transactions for $2.91 million activity. $1.88 million worth of Avery Dennison Corp (NYSE:AVY) was sold by GRAVANIS GEORGES on Friday, April 28. 6,248 shares valued at $532,017 were sold by Anderson Anthony on Friday, June 2. STANDER DEON sold $422,500 worth of stock.

Avery Dennison Corp (NYSE:AVY) Ratings Coverage

Among 7 analysts covering Avery Dennison (NYSE:AVY), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Avery Dennison had 16 analyst reports since October 15, 2015 according to SRatingsIntel. Bank of America upgraded Avery Dennison Corp (NYSE:AVY) on Wednesday, December 7 to “Neutral” rating. The firm earned “Hold” rating on Monday, November 21 by Aegis Capital. Barclays Capital maintained the shares of AVY in report on Monday, May 2 with “Overweight” rating. Citigroup maintained the shares of AVY in report on Wednesday, July 26 with “Buy” rating. The stock has “Buy” rating by Citigroup on Friday, January 6. The stock has “Neutral” rating by JP Morgan on Friday, May 20. The rating was upgraded by JP Morgan to “Overweight” on Thursday, October 27. Bank of America upgraded the stock to “Buy” rating in Tuesday, June 20 report. As per Tuesday, July 25, the company rating was maintained by KeyBanc Capital Markets. On Wednesday, September 20 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. Below is a list of Avery Dennison Corp (NYSE:AVY) latest ratings and price target changes.

29/09/2017 Broker: Loop Capital Rating: Hold New Target: $99 Initiates Coverage On
20/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
26/07/2017 Broker: Citigroup Rating: Buy Old Target: $106 New Target: $108 Maintain
25/07/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
21/06/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
20/06/2017 Broker: Bank of America Old Rating: Neutral New Rating: Buy Upgrade

About 52,935 shares traded. Avery Dennison Corp (NYSE:AVY) has risen 10.91% since October 4, 2016 and is uptrending. It has underperformed by 5.79% the S&P500.

Avery Dennison Corporation is engaged in the production of pressure-sensitive materials and a range of tickets, tags, labels and other converted products. The company has market cap of $8.80 billion. The Company’s divisions include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). It has a 23.35 P/E ratio. The Company’s LGM segment makes 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.

More notable recent Avery Dennison Corp (NYSE:AVY) news were published by: Seekingalpha.com which released: “Avery Dennison Corp’s (AVY) CEO Mitchell Butier on Q1 2017 Results – Earnings …” on April 27, 2017, also Reuters.com with their article: “BRIEF-Avery Dennison announces second quarter 2017 results” published on July 25, 2017, Plasticsnews.com published: “Avery Dennison adds ‘creative sandbox’ for vinyl film” on June 12, 2017. More interesting news about Avery Dennison Corp (NYSE:AVY) were released by: Nasdaq.com and their article: “Avery Dennison Names Gregory Lovins CFO – Quick Facts” published on July 11, 2017 as well as Nasdaq.com‘s news article titled: “Avery Dennison Reaches Analyst Target Price” with publication date: August 24, 2017.

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