The Analyst Landscape: 5 Takes On Avery Dennison
Portfolio Pulse from Benzinga Insights
In the past three months, Avery Dennison (NYSE:AVY) received varied analyst ratings, shifting towards a more bullish outlook. Recent updates show a consensus towards 'Outperform' with an increased 12-month price target average of $228.4, reflecting a 7.13% rise from the previous target. Avery Dennison's financial health appears robust, with notable revenue growth, high net margin, and strong ROE and ROA, indicating a positive market standing and potential for investor interest.
April 25, 2024 | 5:01 pm
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Avery Dennison's analyst ratings have improved, with a new average price target suggesting a 7.13% upside. Financial indicators like revenue growth and ROE are strong, supporting a positive outlook.
The shift towards a more bullish outlook by analysts, combined with Avery Dennison's strong financial health indicators such as revenue growth, net margin, and ROE, suggests a positive short-term impact on its stock price. The increase in the average price target reflects analysts' confidence in the company's performance, potentially attracting investor interest and driving up the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100