Avery Dennison Corporation which can be found using ticker (AVY) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 233 and 180 with the average target price sitting at $205.91. Now with the previous closing price of $171.71 this would imply there is now a potential upside of 19.9%. The 50 day MA is $183.39 while the 200 day moving average is $179.33. The market capitalization for the company is $13,927m. Find out more information at: https://www.averydennison.com
The potential market cap would be $16,701m based on the market consensus.
Avery Dennison Corporation operates as materials science and digital identification solutions company. It provides branding and information labeling solutionsluding 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 industriesluding 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 1.8% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 18.07, revenue per share of 110.78 and a 8.54% return on assets.
