Research Reports Initiation on Business Equipment Stocks -- VeriFone Systems, Pitney Bowes, Steelcase, and Avery Dennison

NEW YORK, December 8, 2016 /PRNewswire/ --

Today's focus is shifted on the Business Equipment segment which provides business-related products, such as office furniture, printers, security systems and lighting, to other sectors. Companies in this space are often structured as corporations, and offer average dividend yields. In today's pre-market research, Stock-Callers.com has selected four equities for assessment: VeriFone Systems Inc. (NYSE: PAY), Pitney Bowes Inc. (NYSE: PBI), Steelcase Inc. (NYSE: SCS), and Avery Dennison Corp. (NYSE: AVY). You can access of our complimentary research reports on these stocks now at:http://stock-callers.com/registration

VeriFone Systems  

On Wednesday, shares in San Jose, California headquartered VeriFone Systems Inc. recorded a trading volume of 2.19 million shares. The stock ended at $16.55, declining 0.90% from the last trading session. The Company's shares have gained 4.81% in the last one month. The stock is trading above its 50-day moving average by 2.28%. Furthermore, shares of VeriFone Systems, which designs, manufactures, markets, and supplies electronic payment solutions at the point of sale worldwide, have a Relative Strength Index (RSI) of 48.96.

On December 2^nd, 2016, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold'. The research firm also revised downwards its previous target price from $18 to $15. Visit us today and download your complete report on PAY for free at:http://stock-callers.com/registration/?symbol=PAY

Pitney Bowes  

Stamford, Connecticut headquartered Pitney Bowes Inc.'s stock finished yesterday's session 1.57% higher at $15.56. A total volume of 3.70 million shares was traded, which was above their three months average volume of 1.89 million shares. The Company's shares have gained 7.20% in the last one month. The stock is trading below its 50-day moving average by 2.83%. Furthermore, shares of Pitney Bowes, which offers customer information management, location intelligence, and customer engagement technology products and solutions in the US and internationally, have an RSI of 56.01. The complimentary research report on PBI can be accessed at: http://stock-callers.com/registration/?symbol=PBI

Steelcase  

At the closing bell on Wednesday, shares in Grand Rapids, Michigan headquartered Steelcase Inc. rose 0.93%, ending the day at $16.30. The stock recorded a trading volume of 236,288 shares. The Company's shares have advanced 19.41% in the last one month, 11.32% in the previous three months, and 13.12% on an YTD basis. The stock is trading 13.67% above its 50-day moving average and 13.29% above its 200-day moving average. Moreover, shares of Steelcase, which designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 68.61. Register for free on Stock-Callers.com and download the PDF research report on SCS at:http://stock-callers.com/registration/?symbol=SCS

Avery Dennison  

Glendale, California headquartered Avery Dennison Corp.'s stock ended the day 0.14% higher at $73.31. A total volume of 756,786 shares was traded, which was above their three months average volume of 739,070 shares. The Company's shares have gained 2.96% in the last one month and 19.62% on an YTD basis. The stock is trading 0.51% above its 50-day moving average and 0.19% above its 200-day moving average. Additionally, shares of Avery Dennison, which produces and sells pressure-sensitive materials worldwide, have an RSI of 57.58.

On December 7^th, 2016, research firm Bank of America/Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Get free access to your research report on AVY at:http://stock-callers.com/registration/?symbol=AVY

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visithttp://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA