Navigating 4 Analyst Ratings For Avery Dennison
Portfolio Pulse from Benzinga Insights
Avery Dennison (NYSE:AVY) received mixed analyst ratings over the past three months, with 3 bullish and 1 underperform rating. The 12-month price target average for AVY is $209.00, slightly down from the previous $210.00. Analysts from B of A Securities, Truist Securities, and Citigroup have provided recent evaluations, with price target adjustments reflecting their latest views on the company's performance. Avery Dennison's financials show a revenue decline of -9.44% over the past 3 months, but strong profitability with a net margin of 6.59% and ROE of 6.78%. The company's international operations contribute significantly to its sales, and it maintains a balanced debt approach with a debt-to-equity ratio of 1.61.
January 02, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Avery Dennison received mixed analyst ratings, with a slight decrease in the average price target to $209.00. The company's financial performance shows strong profitability despite a recent revenue decline.
The mixed analyst ratings and minor adjustment in price target suggest a neutral short-term impact on AVY's stock price. The strong profitability indicators such as net margin and ROE may counterbalance the negative sentiment from the revenue decline, leading to a neutral score. The relevance is 100 as the company is the primary subject of the article. The importance is set at 75, considering the significance of analyst ratings and financial performance for investors. The confidence level is at 90, reflecting the clear data provided in the article.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100