A recent analysis by Truist reveals a downward adjustment in the price target for Avery Dennison (AVY, Financial), now set at $210, down from the previous $215. Despite this revision, the firm maintains a Buy rating on the company’s shares.
According to the analyst, recent market dynamics, particularly fears surrounding tariffs and the possibility of a recession stemming from sluggish consumer demand, have led to a compression in valuation multiples across the firm's coverage. These economic factors have prompted the reassessment of Avery Dennison's stock outlook.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Avery Dennison Corp (AVY, Financial) is $205.60 with a high estimate of $236.00 and a low estimate of $169.56. The average target implies an upside of 21.63% from the current price of $169.03. More detailed estimate data can be found on the Avery Dennison Corp (AVY) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Avery Dennison Corp's (AVY, Financial) average brokerage recommendation is currently 2.1, 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 Avery Dennison Corp (AVY, Financial) in one year is $196.32, suggesting a upside of 16.15% from the current price of $169.03. 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 Avery Dennison Corp (AVY) Summary page.
