On Oct 24, major Wall Street analysts update their ratings for $Avery Dennison (AVY.US)$, with price targets ranging from $210 to $258.
J.P. Morgan analyst Jeffrey Zekauskas downgrades to a hold rating, and adjusts the target price from $230 to $210.
Barclays analyst Michael Leithead maintains with a buy rating, and maintains the target price at $250.
BMO Capital analyst John McNulty maintains with a buy rating, and adjusts the target price from $252 to $247.
Truist Financial analyst Michael Roxland maintains with a buy rating.
Truist Financial analyst Keith Hughes initiates coverage with a buy rating, and sets the target price at $258.
Furthermore, according to the comprehensive report, the opinions of $Avery Dennison (AVY.US)$'s main analysts recently are as follows:
Avery Dennison's engagement in the RFID space with Kroger marks its initial foray into the expansive and significant food markets. The company is anticipated to encounter challenging logistics comparisons in its intelligent labels segment in the latter half of 2024, which prompts a cautious stance until there is greater clarity on the underlying business dynamics.
Despite surpassing expectations slightly and initiating a new grocery platform, the stock experienced a downturn due to comments on current challenges with the Vestcom platform and apprehensions regarding a temporary setback in RFID logistics. These issues led some investors to prematurely conclude that the RFID growth narrative has concluded or that Avery Dennison is losing market share. Nevertheless, it is contested that both perceptions are inaccurate, citing that with a solid foundation in Materials and increasing use cases for RFID applications poised to enhance revenue and margins, the stock is poised to excel by 2025.
Here are the latest investment ratings and price targets for $Avery Dennison (AVY.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間10月24日，多家華爾街大行更新了$艾利丹尼森 (AVY.US)$的評級，目標價介於210美元至258美元。
摩根大通分析師Jeffrey Zekauskas下調至持有評級，並將目標價從230美元下調至210美元。
巴克萊銀行分析師Michael Leithead維持買入評級，維持目標價250美元。
BMO資本市場分析師John McNulty維持買入評級，並將目標價從252美元下調至247美元。
儲億銀行分析師Michael Roxland維持買入評級。
儲億銀行分析師Keith Hughes首次給予買入評級，目標價258美元。
此外，綜合報道，$艾利丹尼森 (AVY.US)$近期主要分析師觀點如下：
艾利丹尼森在與Kroger的RFID領域的合作標誌着其初次進入龐大且重要的食品市場。預計該公司將在2024年下半年的智能標籤業務中遇到具有挑戰性的物流比較，直到對基礎業務動態有更清晰的認識，這就要求持謹慎態度。
儘管略微超出預期並啓動了一項新的雜貨平台，由於對Vestcom平台目前存在的挑戰和對RFID物流暫時性挫折的擔憂發表評論，股價經歷了下降。這些問題導致一些投資者過早地得出結論，認爲RFID增長敘事已經結束，或者認爲艾利丹尼森正在失去市場份額。儘管如此，有人指出這兩種看法都是不準確的，並聲稱在材料方面具有堅實基礎，並且RFID應用的不斷增多的使用案例有望增加營業收入和利潤，股票有望在2025年實現卓越表現。
以下爲今日5位分析師對$艾利丹尼森 (AVY.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
