Expert Outlook: Avery Dennison Through The Eyes Of 5 Analysts
Portfolio Pulse from Benzinga Insights
Avery Dennison (NYSE:AVY) has seen varied analyst ratings over the past three months, with a recent shift towards a more neutral stance. The average 12-month price target has risen to $231.2, reflecting an 11.15% increase from the previous target. Analysts from Citigroup, JP Morgan, Raymond James, Truist Securities, and UBS have adjusted their ratings and price targets, indicating a positive outlook on the company's financial health, which includes strong revenue growth, net margin, ROE, ROA, and a balanced debt approach.
April 04, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Avery Dennison has received updated analyst ratings and price targets, indicating a positive outlook based on its financial health and market performance.
The increase in the average price target to $231.2, along with positive adjustments in ratings from analysts at Citigroup, JP Morgan, Raymond James, Truist Securities, and UBS, suggests a bullish outlook for Avery Dennison. The company's strong financial indicators such as revenue growth, net margin, ROE, ROA, and a balanced debt approach further support this positive sentiment. These factors are likely to contribute to a short-term positive impact on AVY's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100