Avery Dennison Moves Up In Analyst Rankings, Passing Ecolab
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Avery Dennison Corp has taken over the #178 spot from Ecolab Inc , according to ETF Channel. Below is a chart of Avery Dennison Corp versus Ecolab Inc plotting their respective rank within the S&P 500 over time (AVY plotted in blue; ECL plotted in green): In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages.