Multi-Color Corporation 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 has market cap of $1.16 billion. The Firm 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. It has a 22.49 P/E ratio. The Firm also provides a range of print methods, including flexographic, lithographic, rotogravure, letterpress and digital, and in-house prepress services.
Eaton Vance Michigan Municipal Bond Fund (MIW) formed double bottom with $12.61 target or 6.00% below today’s $13.41 share price. Eaton Vance Michigan Municipal Bond Fund (MIW) has $20.12M valuation. About 2,350 shares traded. Eaton Vance Michigan Municipal Bond Fund (NYSEMKT:MIW) has declined 12.27% since August 29, 2016 and is downtrending. It has underperformed by 20.52% the S&P500.
Ratings analysis reveals 25% of Multi-Color’s analysts are positive. Out of 4 Wall Street analysts rating Multi-Color, 1 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $73 while the high is $80. The stock’s average target of $76 is 9.27% above today’s ($69.55) share price. LABL was included in 7 notes of analysts from August 11, 2015. The firm earned “Market Perform” rating on Thursday, March 24 by BMO Capital Markets. Robert W. Baird downgraded the stock to “Neutral” rating in Wednesday, January 4 report. On Friday, April 29 the stock rating was maintained by Hilliard Lyons with “Long-Term Buy”. The rating was downgraded by KeyBanc Capital Markets to “Underweight” on Tuesday, November 29. Hilliard Lyons upgraded the stock to “Long-Term Buy” rating in Monday, March 14 report. The firm has “Neutral” rating given on Friday, October 2 by Hilliard Lyons. The rating was maintained by BMO Capital Markets on Tuesday, August 11 with “Outperform”.
Tributary Capital Management Llc holds 1.73% of its portfolio in Multi-Color Corporation for 189,815 shares. Alphaone Investment Services Llc owns 50,223 shares or 1.08% of their US portfolio. Moreover, Ami Asset Management Corp has 0.97% invested in the company for 169,112 shares. The Virginia-based Redmond Asset Management Llc has invested 0.69% in the stock. Vaughan Nelson Investment Management L.P., a Texas-based fund reported 694,950 shares.
About 148,809 shares traded or 127.47% up from the average. Multi-Color Corporation (NASDAQ:LABL) has risen 2.95% since August 29, 2016 and is uptrending. It has underperformed by 5.30% the S&P500.
