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# BMO Capital Maintains Avery Dennison (AVY) Outperform Recommendation Fintel reports that on September 25, 2023, BMO Capital maintained coverage of Avery Dennison (NYSE:AVY) with an Outperform recommendation. ## Analyst Price Forecast Suggests 12.28% Upside As of August 31, 2023, the average one-year price target for Avery Dennison is $207.78. The forecasts range from a low of $191.90 to a high of $233.10. The average price target represents an increase of 12.28% from its latest reported closing price of $185.05. See our leaderboard of companies with the largest price target upside. The projected annual revenue for Avery Dennison is $9,642MM, an increase of 13.46%. The projected annual non-GAAP EPS is $10.47. ## What is the Fund Sentiment? There are 1372 funds or institutions reporting positions in Avery Dennison. This is a decrease of 43 owners or 3.04% in the last quarter. The average portfolio weight of all funds dedicated to AVY is 0.24%, a decrease of 5.30%. Total shares owned by institutions increased in the last three months by 0.58% to 87,719K shares. The put/call ratio of AVY is 1.01, indicating a bearish outlook. ## What are Other Shareholders Doing? T. Rowe Price Investment Management holds 4,239K shares representing 5.26% ownership of the company. In its prior filing, the firm reported owning 4,028K shares, representing an increase of 4.99%. The firm decreased its portfolio allocation in AVY by 3.99% over the last quarter. VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 2,519K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 2,502K shares, representing an increase of 0.68%. The firm decreased its portfolio allocation in AVY by 10.81% over the last quarter. Victory Capital Management holds 2,373K shares representing 2.94% ownership of the company. In its prior filing, the firm reported owning 2,129K shares, representing an increase of 10.28%. The firm increased its portfolio allocation in AVY by 4.33% over the last quarter. Lazard Asset Management holds 2,317K shares representing 2.87% ownership of the company. In its prior filing, the firm reported owning 1,673K shares, representing an increase of 27.79%. The firm increased its portfolio allocation in AVY by 249.41% over the last quarter. Ameriprise Financial holds 2,177K shares representing 2.70% ownership of the company. In its prior filing, the firm reported owning 2,216K shares, representing a decrease of 1.82%. The firm increased its portfolio allocation in AVY by 388.79% over the last quarter. ## Avery Dennison Background Information Avery Dennison is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels, and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs more than 32,000 employees in more than 50 countries. Reported sales in 2020 were $7.0 billion. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds. Our data covers the world and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits. [Click to Learn More](https://fintel.io/premium?utm_source=nasdaq.com&utm_medium=referral&utm_campaign=bmo-capital-maintains-avery-dennison-avy-outperform-recommendation-157) This story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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2023 Conference for Advancing Public Sector Registration Opens

James TaylorBy Updated:No Comments2 Mins Read

  • This Year’s Cyber Landscape: What We’ve Learned — Cyber attackers are increasingly targeting public-sector organizations. This session will explore the current threat environment and provide actionable strategies to improve cybersecurity.
  • AI and the Public Sector: What Problems Can We Solve? — This session will unravel the mystery of how artificial intelligence can be used by public-sector organizations and discuss potential use cases and implementation challenges.
  • Takeaways from NHTSA’s National 911 Program CAD Interoperability Study — This session will report on the findings of the NHTSA study on CAD-to-CAD interoperability and discuss the obstacles preventing widespread interoperability.
  • 988: Navigating Challenges and Embracing Opportunities — This session will explore the impact of the Suicide and Crisis Lifeline, discuss the pros and cons of 988 and 911 system interoperability, and highlight obstacles in achieving it.
  • Beyond Traditional Tactics: Fresh Ideas for Tackling Today’s Staffing Shortages — This session will present innovative approaches to recruiting, hiring, and retaining personnel in public-sector organizations.

Other sessions include:

  • Leadership Development and Strategic Planning: A Path to Success
  • Managing the Modern LMR Network: Best Practices and Lessons Learned
  • GIS Basics for the 911 Director: What You Absolutely Need to Know
  • Change Management and Its Role in the Public Sector
  • Keynote featuring Darrin Reilly, MCP’s president and chief executive officer

“MCP has been known for its thought leadership since the firm was founded in 2009, and this year’s conference continues that tradition,” Reilly said. “As in previous years, we are bringing together experts from MCP and other leading organizations to discuss the most important topics in the public-safety and justice sectors. We are excited about this opportunity to collectively advance our industry.”

Registration for this conference is open to any individual working for a public-safety or justice organization. Those interested in attending can learn more and register by clicking here.

Media Contact

Alex Oltmanns, Pipitone, 412-321-0879, [email protected], www.pipitone.com

SOURCE Mission Critical Partners

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