Investment firm Baird has adjusted its price target for Avantor (AVTR, Financial), reducing it to $21 from the previous $23 while maintaining an Outperform rating on the stock. This update follows a preliminary review of the company's first-quarter performance.
The revision reflects Baird's reassessment of Avantor's financial model as it gears up for its upcoming earnings announcement. Despite the lowered price target, Baird's Outperform rating suggests continued confidence in Avantor's potential for future growth and strong performance in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Avantor Inc (AVTR, Financial) is $22.69 with a high estimate of $31.00 and a low estimate of $18.00. The average target implies an upside of 47.31% from the current price of $15.40. More detailed estimate data can be found on the Avantor Inc (AVTR) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Avantor Inc's (AVTR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Avantor Inc (AVTR, Financial) in one year is $21.20, suggesting a upside of 37.66% from the current price of $15.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Avantor Inc (AVTR) Summary page.
