Massachusetts Financial Services Co. MA holds a significant $143.17 million-position in Avery Dennison. Despite shares sold by BNP Paribas Financial Markets and Boston Partners, other financial institutions like National Bank of Canada FI and Charles Schwab Investment Management Inc. are increasing their stake in Avery Dennison.
The company recently acquired ACPO, expanding its product portfolio. The performance of the company seems promising with the surpassing of Q1 earning and revenue estimates, which have been followed with a raise in the company's PT to $245.00 at Argus. The Firm achieved a new 52-week high at $225.26, indicating a positive financial trajectory.
Furthermore, Avery Dennison pays an increasing dividend, with the latest set at $0.88. Analysts have given Avery Dennison Co. a moderate buy rating, with a consensus price target of $228.50. The future outlook also seems positive, with the firm’s first-quarter results leading to analysts revisiting their estimates.
Avery Dennison Stocks AVY News Analytics from Mon, 22 Jun 2015 01:47:06 GMT to Thu, 16 May 2024 18:33:16 GMT - Rating 7 - Innovation 4 - Information 6 - Rumor 5
