Avery Dennison Corporation with ticker code (AVY) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 221 and 183 and has a mean target at 200.27. Now with the previous closing price of 181.32 this is indicating there is a potential upside of 10.5%. The 50 day moving average now sits at 178.45 and the 200 moving average now moves to 175.9. The company has a market capitalisation of $14,517m. Visit the company website at: https://www.averydennison.com
The potential market cap would be $16,034m based on the market concensus.
Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products in the United States, Europe, Asia, Latin America, and internationally. The company’s Label and Graphic Materials segment offers pressure-sensitive label and packaging materials under the Fasson, JAC, and Avery Dennison brands; graphics products under the Avery Dennison and Mactac brands; and reflective products under the Avery Dennison brand. This segment provides its products to the home and personal care, beer and beverage, durables, pharmaceutical, wine and spirits, and food market segments; architectural, commercial sign, digital printing, and other related market segments; construction, automotive, and fleet transportation market segments; traffic and safety applications; and sign shops, commercial printers, and designers. The company’s Retail Branding and Information Solutions segment offers brand embellishments, graphic tickets, tags and labels, and sustainable packaging solutions, as well as creative services; radio-frequency identification, visibility and loss prevention, brand protection and security, shelf-edge, and price ticketing and marking solutions; and care, content, and country of origin compliance solutions. It serves retailers, brand owners, apparel manufacturers, distributors, and industrial customers. The company’s Industrial and Healthcare Materials segment provides tapes and other pressure-sensitive adhesive-based materials and converted products, mechanical fasteners, and performance polymers under the Fasson and Avery Dennison brands; and tapes under the Yongle brand for wire harnessing and cable wrapping. It serves automotive, electronics, building and construction, electrical, general industrial, personal care, and medical markets. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.
