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

May 19, 2017 - By Michael Collier

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

Avery Dennison Corp (NYSE:AVY) Ratings Coverage

Among 5 analysts covering Avery Dennison (NYSE:AVY), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Avery Dennison had 10 analyst reports since October 15, 2015 according to SRatingsIntel. Barclays Capital maintained Avery Dennison Corp (NYSE:AVY) rating on Monday, May 2. Barclays Capital has “Overweight” rating and $86 target. The stock of Avery Dennison Corp (NYSE:AVY) earned “Neutral” rating by Bank of America on Wednesday, December 7. JP Morgan downgraded it to “Neutral” rating and $78 target in Friday, May 20 report. The stock has “Overweight” rating by JP Morgan on Thursday, October 27. The rating was upgraded by Citigroup to “Buy” on Friday, January 6. The firm has “Underperform” rating given on Friday, July 1 by Bank of America. The stock has “Hold” rating by Aegis Capital on Monday, November 21. Below is a list of Avery Dennison Corp (NYSE:AVY) latest ratings and price target changes.

06/01/2017 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
07/12/2016 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Upgrade
21/11/2016 Broker: Aegis Capital Rating: Hold Initiate

About 310,714 shares traded. Avery Dennison Corp (NYSE:AVY) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% 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 $7.34 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 21.83 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.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 0.14, from 0.96 in 2016Q3. It dropped, as 55 investors sold Avery Dennison Corp shares while 170 reduced holdings. 46 funds opened positions while 139 raised stakes. 73.77 million shares or 0.07% more from 73.72 million shares in 2016Q3 were reported.
Vanguard Group has invested 0.04% in Avery Dennison Corp (NYSE:AVY). Great Lakes Ltd Company holds 0.15% of its portfolio in Avery Dennison Corp (NYSE:AVY) for 82,347 shares. Bank & Trust Of Nova Scotia holds 0.03% or 77,500 shares in its portfolio. Goldman Sachs Grp, a New York-based fund reported 3.48 million shares. Jpmorgan Chase reported 398,730 shares. Fjarde Ap has 0.03% invested in Avery Dennison Corp (NYSE:AVY). Condor Cap Mngmt reported 0.1% of its portfolio in Avery Dennison Corp (NYSE:AVY). Principal Finance Gp holds 0.05% of its portfolio in Avery Dennison Corp (NYSE:AVY) for 598,445 shares. Monarch Ptnrs Asset Mngmt Limited Co invested in 0.62% or 103,495 shares. Baring Asset Mgmt Ltd has 149,169 shares for 0.72% of their portfolio. Anchor Ltd Llc reported 347,952 shares. Amica Retiree Trust reported 0.07% of its portfolio in Avery Dennison Corp (NYSE:AVY). Huntington Comml Bank stated it has 0.01% of its portfolio in Avery Dennison Corp (NYSE:AVY). Ridgeworth Llc has 864 shares. Washington Tru Financial Bank invested in 0.01% or 814 shares.

Since November 23, 2016, it had 1 insider buy, and 23 sales for $50.83 million activity. Another trade for 47,593 shares valued at $3.84M was made by SCARBOROUGH DEAN A on Monday, March 6. 150 shares valued at $12,021 were bought by Alford Bradley A on Thursday, February 23. Another trade for 2,000 shares valued at $143,000 was sold by Siewert Patrick. Miller Susan C sold $8.24M worth of Avery Dennison Corp (NYSE:AVY) on Friday, February 3. The insider HICKS KEN C sold $325,257. BARKER PETER K sold $143,275 worth of stock. Hill Anne had sold 19,504 shares worth $1.60M on Wednesday, March 1.

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 Seekingalpha.com with their article: “Avery Dennison Corp’s (AVY) CEO Mitchell Butier on Q4 2016 Results – Earnings …” published on February 01, 2017, Seekingalpha.com published: “Avery Dennison (AVY) Q3 2016 Results – Earnings Call Transcript” on October 26, 2016. More interesting news about Avery Dennison Corp (NYSE:AVY) were released by: Seekingalpha.com and their article: “Avery Dennison To Acquire Yongle Tape For Up To $245 Million” published on February 08, 2017 as well as Seekingalpha.com‘s news article titled: “Avery Dennison completes Hanita Coatings acquisition” with publication date: March 02, 2017.

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