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Avery Dennison (AVY) Stock Forecast & Price Target

$219.23
-4.95 (-2.21%)
(As of 01:36 PM ET)

Avery Dennison - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 11 Wall Street analysts who have issued ratings for Avery Dennison in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 1 has given a sell rating, 1 has given a hold rating, and 9 have given a buy rating for AVY.

Consensus Price Target

$237.15
8.17% Upside
High Forecast$274.60
Average Forecast$237.15
Low Forecast$208.00

According to the 11 analysts' twelve-month price targets for Avery Dennison, the average price target is $237.15. The highest price target for AVY is $274.60, while the lowest price target for AVY is $208.00. The average price target represents a forecasted upside of 8.17% from the current price of $219.23.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$237.15$230.50$221.00$208.88
Forecasted Upside8.17% Upside10.52% Upside13.12% Upside15.90% Upside
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AVY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AVY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Avery Dennison Stock vs. The Competition

TypeAvery DennisonIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.73
2.54
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside5.78% Upside39.11% Upside9.26% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/9/2024UBS Group
4 of 5 stars
 Lower TargetBuy ➝ Buy$260.00 ➝ $252.00+18.31%
7/9/2024Stifel Nicolaus
4 of 5 stars
 Initiated CoverageBuy$274.60+27.66%
7/8/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$230.00 ➝ $241.00+11.49%
6/7/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$230.00 ➝ $250.00+10.17%
5/8/2024Argus
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 Boost TargetBuy ➝ Buy$240.00 ➝ $245.00+8.81%
4/26/2024Truist Financial
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 Boost TargetBuy ➝ Buy$248.00 ➝ $253.00+15.95%
4/25/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$218.00 ➝ $220.00+1.95%
4/25/2024Raymond James
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 Reiterated RatingOutperform ➝ Outperform$225.00 ➝ $240.00+11.36%
1/2/2024Bank of America
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 DowngradeBuy ➝ Underperform$208.00+2.89%
9/25/2023BMO Capital Markets
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 Boost TargetOutperform ➝ Outperform$200.00 ➝ $211.00+16.66%
9/21/2023Loop Capital
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 Boost TargetBuy ➝ Buy$201.00 ➝ $214.00+16.51%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:04 PM ET.

AVY Forecast - Frequently Asked Questions

What is Avery Dennison's forecast for 2024?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Avery Dennison is $237.15, with a high forecast of $274.60 and a low forecast of $208.00.

Should I buy or sell Avery Dennison stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avery Dennison in the last twelve months. There is currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AVY shares.

Does Avery Dennison's stock price have much upside?

According to analysts, Avery Dennison's stock has a predicted upside of 12.80% based on their 12-month stock forecasts.

What analysts cover Avery Dennison?

Avery Dennison has been rated by research analysts at Argus, Citigroup, JPMorgan Chase & Co., Raymond James, Robert W. Baird, Stifel Nicolaus, Truist Financial, and UBS Group in the past 90 days.

Do Wall Street analysts like Avery Dennison more than its competitors?

Analysts like Avery Dennison more than other "industrial products" companies. The consensus rating score for Avery Dennison is 2.73 while the average consensus rating score for "industrial products" companies is 2.54. Learn more on how AVY compares to other companies.


This page (NYSE:AVY) was last updated on 7/23/2024 by MarketBeat.com Staff

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