Avery Dennison traded at $163.12 this Wednesday July 1st, increasing $0.77 or 0.47 percent since the previous trading session. Looking back, over the last four weeks, Avery Dennison gained 3.87 percent. Over the last 12 months, its price fell by 11.07 percent. Looking ahead, we forecast Avery Dennison to be priced at 162.31 by the end of this quarter and at 152.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
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's segments include Label and Graphic Materials (LGM); Retail Branding and Information Solutions (RBIS), and Industrial and Healthcare Materials (IHM). The Company's LGM 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. Its RBIS segment designs, manufactures and sells a range of branding and information solutions to retailers, brand owners, apparel manufacturers, distributors and industrial customers. The Company's IHM segment manufactures and sells Fasson-brand and Avery Dennison-brand tapes and other pressure-sensitive adhesive (PSA) based materials and converted products, mechanical fasteners, and performance polymers.