Analysts Set Avery Dennison Corporation (AVY) Price Target at $110.83

Lloyd Doyle
January 14, 2018

The stock increased 0.09% or $0.11 during the last trading session, reaching $119.68. About 173,062 shares traded. Avery Dennison Corporation (NYSE:AVY) has risen 10.91% since January 13, 2017 and is uptrending. It has underperformed by 5.79% the S&P500.

Avery Dennison Corporation (NYSE:AVY) has been assigned a consensus rating of "Buy" from the ten research firms that are now covering the firm, MarketBeat Ratings reports. Ami Asset Management Corp sold 6,315 shares as the company's stock rose 4.22% with the market. Avery Dennison Corporation had a return on equity of 35.98% and a net margin of 5.27%.

Analysts expect Validus Holdings, Ltd. (NYSE:VR) to report $0.86 EPS on February, 1 after the close.They anticipate $0.06 EPS change or 7.50% from last quarter's $0.8 EPS. Pinnacle Associates Ltd holds 0.86% or 1.26M shares. It is down 10.50% since January 14, 2017 and is uptrending.

Since August 21, 2017, it had 0 insider buys, and 18 insider sales for $1.67 billion activity. Mawer Investment accumulated 2.89M shares or 0.89% of the stock. In the last quarter, insiders sold 154,604 shares of company stock worth $16,475,271. Shares for $936,300 were sold by Siewert Patrick on Thursday, August 3. Veritable Limited Partnership reported 0.01% of its portfolio in Avery Dennison Corporation (NYSE:AVY).

Among 9 analysts covering Avery Dennison (NYSE:AVY), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Cinemark Holdings had 63 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has "Hold" rating by J.P. Morgan given on Thursday, October 26.

TRADEMARK VIOLATION WARNING: "Somewhat Positive Press Coverage Somewhat Unlikely to Impact Avery Dennison (NYSE:AVY) Stock Price" was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. The rating was maintained by KeyBanc Capital Markets on Wednesday, September 20 with "Hold". Barclays Capital maintained the stock with "Overweight" rating in Monday, May 2 report. Argus Research maintained the stock with "Buy" rating in Friday, April 28 report. Chase Invest Counsel reported 0.61% of its portfolio in Avery Dennison Corporation (NYSE:AVY).

Avery Dennison (NYSE:AVY) last announced its earnings results on Wednesday, October 25th. The firm has "Hold" rating by KeyBanc Capital Markets given on Wednesday, June 21. The stock of Equity Residential (NYSE:EQR) earned "Hold" rating by BMO Capital Markets on Friday, May 26. (NYSE:WMT). Maryland Mngmt has invested 0.12% of its portfolio in Wal-Mart Stores, Inc. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.65 billion. The Company's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). The stock has a market cap of $10,309.06, a P/E ratio of 25.08, a PEG ratio of 3.39 and a beta of 1.24. It serves label converters, package designers, packaging engineers and manufacturers, industrial and sign manufacturers, printers, distributors, designers, advertising and government agencies, and graphics vendors. Investors of record on Wednesday, December 6th will be issued a $0.45 dividend. Its down 0.01, from 1.12 in 2017Q2. It is negative, as 34 investors sold AVY shares while 167 reduced holdings.

Hedge funds have recently added to or reduced their stakes in the stock. Jefferies Grp Inc Inc invested in 0% or 6,749 shares. (NYSE:WMT) for 4,529 shares. Raymond James Trust Na owns 0.02% invested in Avery Dennison Corporation (NYSE:AVY) for 3,199 shares. Avery Dennison earned a coverage optimism score of 0.24 on Accern's scale. Teachers Retirement Of The State Of Kentucky holds 0.01% of its portfolio in Avery Dennison Corporation (NYSE:AVY) for 8,900 shares. Miller Investment Mgmt Limited Partnership owns 2,230 shares or 0.07% of their USA portfolio. Vident Inv Advisory Limited accumulated 4,809 shares. The First Citizens Bank & Trust Co holds 8,427 shares with $829,000 value, down from 13,603 last quarter. Following the transaction, the director now directly owns 26,703 shares of the company's stock, valued at $3,064,436.28. The institutional investor held 234,528 shares of the containers and packaging company at the end of 2017Q3, valued at $23.06 million, down from 287,071 at the end of the previous reported quarter. Vanguard Group Incorporated accumulated 0.04% or 9.61 million shares. Moreover, Nuveen Asset Ltd Liability Company has 0.01% invested in Avery Dennison Corporation (NYSE:AVY). Fuller And Thaler Asset invested in 1,100 shares. Utd Cap Financial Advisers Limited Liability Corp has invested 0.01% of its portfolio in Avery Dennison Corporation (NYSE:AVY). They expect $0.81 earnings per share, up 2.53% or $0.02 from last year's $0.79 per share. VR's profit would be $70.50M giving it 13.55 P/E if the $0.86 EPS is correct. The industrial products company reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.05.

Among 4 analysts covering Delphi Energy Corp. Wal-Mart Stores Inc had 137 analyst reports since August 14, 2015 according to SRatingsIntel. The company was maintained on Friday, February 24 by FBR Capital. Ubs Ag (NYSE:UBS) was raised too. The stock has "Overweight" rating by Barclays Capital on Monday, October 30. Cantor Fitzgerald initiated Moody's Corporation (NYSE:MCO) rating on Tuesday, November 10. The stock of Diageo plc (NYSE:DEO) has "Outperform" rating given on Thursday, October 29 by Credit Suisse. Nomura has "Buy" rating and $180.0 target. The firm has "Buy" rating by Tigress Financial given on Friday, December 22. On Tuesday, January 10 the stock rating was downgraded by UBS to "Neutral". The stock of Validus Holdings, Ltd. (NYSE:VR) earned "Neutral" rating by Bank of America on Monday, May 2. On Tuesday, February 21 the stock rating was downgraded by Morgan Stanley to "Equal-Weight".

Since December 15, 2017, it had 0 insider purchases, and 1 insider sale for $317,350 activity. Its up 0.03, from 0.98 in 2017Q2. It is negative, as 25 investors sold UFPI shares while 52 reduced holdings. 19 funds opened positions while 56 raised stakes. 109.53 million shares or 5.25% more from 104.06 million shares in 2017Q2 were reported. Fiduciary Management Wi reported 974,342 shares. The company had a trading volume of 3,018,729 shares. Blackrock owns 11.00M shares. (NYSE:WMT). Community Tru And Invest reported 0.05% in Wal-Mart Stores, Inc. Reilly Fincl Advisors Lc accumulated 281 shares. Cetera Advisor Netwr Ltd Limited Liability Company, California-based fund reported 2,123 shares. Strs Ohio has invested 0% of its portfolio in Universal Forest Products, Inc. Shares for $744,973 were sold by Santee David S on Wednesday, August 2. The Korea-based Korea Investment has invested 0.07% in Moody's Corporation (NYSE:MCO). Virginia Retirement Systems Et Al invested 0.01% in Universal Forest Products, Inc. Blackrock owns 6.55M shares. Shares for $69,205 were sold by Duffie Darrell.

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