Avery Dennison Corporation which can be found using ticker (AVY) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 233 and 180 with the average target price sitting at $205.82. Now with the previous closing price of $179.54 this is indicating there is a potential upside of 14.6%. The 50 day MA is $177.80 and the 200 day moving average is $180.10. The market cap for the company is $14,433m. Visit the company website at: https://www.averydennison.com
The potential market cap would be $16,545m based on the market consensus.
Avery Dennison Corporation operates as materials science and digital identification solutions company. It provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and various converted products and solutions. The company designs and manufactures a range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers’ product performance. It serves an array of industries, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals, and automotive worldwide. The company was formerly known as Avery International Corporation and changed its name to Avery Dennison Corporation in 1990. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.
The company has a dividend yield of 1.69% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 19.3, revenue per share of 110.78 and a 8.54% return on assets.
