KeyBanc analyst Adam Josephson maintained a Hold rating on Avery Dennison (AVY) today. The company’s shares closed last Monday at $115.86.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 6.9% and a 64.2% success rate. Josephson covers the Industrial Goods sector, focusing on stocks such as International Paper Co, Berry Global Group, and Graphic Packaging.
Avery Dennison has an analyst consensus of Moderate Buy, with a price target consensus of $121.17.
See today’s analyst top recommended stocks >>
The company has a one-year high of $141.09 and a one-year low of $76.96. Currently, Avery Dennison has an average volume of 578.1K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AVY in relation to earlier this year. Last month, Bradley Alford, a Director at AVY sold 4,664 shares for a total of $582,580.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. It operates through the following segments: Label & Graphic Materials, Retail Branding & Information Solutions and Industrial & Healthcare Materials. The Label and Graphic Materials Segment manufactures 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. The Retail Branding and Information Solutions segment designs, manufactures, and sells a variety of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers. The Industrial and Healthcare Materials Segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and fasteners, Vancive -brand medical pressure sensitive adhesive based materials and products, and performance polymers. The company was founded by R. Stanton Avery in 1935 and is headquartered in Glendale, CA.