Published On: Wed, Oct 19th, 2016

Recently Changed Price Targets On Multi-Color Corporation (NASDAQ:LABL)


A number of investment brokers have recently updated their price targets on shares of Multi-Color Corporation (NASDAQ:LABL).

Most recent broker ratings

08/17/2016 – Multi-Color Corporation had its “buy – long-term” rating reiterated by analysts at Singular Research. They now have a USD 70 price target on the stock.

02/10/2016 – Multi-Color Corporation was downgraded to “hold” by analysts at Wellington Shields.

02/10/2016 – Multi-Color Corporation had its “outperform” rating reiterated by analysts at Robert W. Baird. They now have a USD 60 price target on the stock.

10/02/2015 – Multi-Color Corporation had its “neutral” rating reiterated by analysts at Hilliard Lyons.

08/11/2015 – Multi-Color Corporation had its “outperform” rating reiterated by analysts at BMO Capital Markets. They now have a USD 75 price target on the stock.

06/30/2015 – Sidoti began new coverage on Multi-Color Corporation giving the company a “buy” rating. They now have a USD 76 price target on the stock.

05/15/2015 – KeyBanc began new coverage on Multi-Color Corporation giving the company a “sector-weight” rating.

01/13/2015 – Multi-Color Corporation was downgraded to “neutral” by analysts at Zacks. They now have a USD 61.3 price target on the stock.

The share price of Multi-Color Corporation (NASDAQ:LABL) was up +0.73% during the last trading session, with a day high of 65.72. 46790 shares were traded on Multi-Color Corporation’s last session.

The stock’s 50 day moving average is 66.59 and its 200 day moving average is 62.81. The stock’s market capitalization is 1.09B. Multi-Color Corporation has a 52-week low of 40.16 and a 52-week high of 79.05.

Multi-Color Corporation (Multi-Color) is engaged in label solutions business, supporting brands, including producers of home and personal care, wine and spirit, food and beverage, healthcare and specialty consumer products. The Company serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China and Southeast Asia with a range of label technologies in Pressure Sensitive, Glue-Applied (Cut and Stack), In-Mold, Shrink Sleeve and Heat Transfer. The Company also provides a range of print methods, including flexographic, lithographic, rotogravure, letterpress and digital, and in-house prepress services. The Company provides graphics and pre-press services for its customers at all of its manufacturing locations. These services include the conversion of customer digital files and artwork into proofs, production of print layouts and printing plates, and product mock ups and samples for market research.