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OFFON

AVERY DENNISON CORPORATION

(AVY)
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Parsl, Avery Dennison Smartrac, and NXP Announces A Strategic Partnership Going Forward

09/01/2021 | 08:40am EST

Parsl, Avery Dennison Smartrac, and NXP, have announced a strategic partnership going forward. The partnership will encompass helping the cannabis industry communicate effectively and securely through the technological partnership of Parsl, NXP, and Avery Dennison Smartrac. This partnership will have the benefit of leveraging the intellectual technological property of Parsl and the manufacturing capabilities of NXP and Avery Dennison Smartrac. Combining this IP will enable Parsl to provide better, verifiable insights to global cannabis consumers and grow market share in the cannabis industry. In the near future, customers in parts of Africa, Australia, Europe, and the USA can expect to see Parsl/SmarTrac tags on products and on their favorite growers plants. The unique combination of Avery Dennison Smartrac's and Parsl's technologies form part of a platform that delivers value and functionality for Parsl customers, helps unlock the global cannabis industry and grants access to verifiably high-quality international products. These tags are currently the only method to really achieve item level tracking in a secure manner.


ę S&P Capital IQ 2021
All news about AVERY DENNISON CORPORATION
11/30AVERY DENNISON CORPORATION : Ex-dividend day for
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11/24WALL STREET STOCK EXCHANGE : Trouble continues for the US manufacturing sector
11/24ANALYST RECOMMENDATIONS : Chevron, Cisco, Dollar Tree, The Gap, Salesforce...
11/24Raymond James Starts Avery Dennison at Outperform With $240 Price Target
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11/19Avery Dennison Announces Upcoming Investor Event
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11/08INSIDER SELL : Avery Dennison
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11/02AVERY DENNISON CORP MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RE..
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11/01INSIDER SELL : Avery Dennison
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11/01Berenberg Bank Adjusts Avery Dennison PT to $255 From $250, Maintains Buy Rating
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10/28Avery Dennison Maintains Quarterly Cash Dividend at $0.68 a Share, Payable Dec. 15 to S..
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Financials (USD)
Sales 2021 8 348 M - -
Net income 2021 733 M - -
Net Debt 2021 2 670 M - -
P/E ratio 2021 23,6x
Yield 2021 1,30%
Capitalization 17 028 M 17 028 M -
EV / Sales 2021 2,36x
EV / Sales 2022 2,16x
Nbr of Employees 31 765
Free-Float 66,3%
Chart AVERY DENNISON CORPORATION
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Avery Dennison Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends AVERY DENNISON CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 205,66 $
Average target price 230,25 $
Spread / Average Target 12,0%
EPS Revisions
Managers and Directors
Mitchell R. Butier Chairman, President & Chief Executive Officer
Gregory S. Lovins Chief Financial Officer & Senior Vice President
Nicholas R. Colisto Chief Information Officer & Vice President
Julia A. Stewart Independent Director
Kenneth C. Hicks Independent Director
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