Avery Dennison Corporation (AVY)
NYSE: AVY · IEX Real-Time Price · USD
226.32
+0.02 (0.01%)
May 20, 2024, 2:24 PM EDT - Market open
Avery Dennison Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Avery Dennison stock have an average target of 217.58, with a low estimate of 108 and a high estimate of 253. The average target predicts a decrease of -3.86% from the current stock price of 226.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Avery Dennison stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 3 | 4 | 4 | 5 | 5 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $240 → $245 | Strong Buy | Maintains | $240 → $245 | +8.25% | May 8, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $248 → $253 | Strong Buy | Maintains | $248 → $253 | +11.79% | Apr 26, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $218 → $220 | Buy | Maintains | $218 → $220 | -2.79% | Apr 25, 2024 |
| Raymond James | Raymond James | Buy Reiterates $225 → $240 | Buy | Reiterates | $225 → $240 | +6.04% | Apr 25, 2024 |
| Baird | Baird | Buy Maintains $215 → $230 | Buy | Maintains | $215 → $230 | +1.63% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
8.84B
from 8.36B
Increased by 5.68%
Revenue Next Year
9.32B
from 8.84B
Increased by 5.41%
EPS This Year
9.42
from 6.20
Increased by 51.95%
EPS Next Year
10.64
from 9.42
Increased by 12.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.4B | 9.9B | 10.6B | 10.6B | 11.0B |
| Avg | 8.8B | 9.3B | 9.8B | 10.2B | 10.6B |
| Low | 8.4B | 8.8B | 9.2B | 9.8B | 10.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.4% | 12.3% | 14.1% | 7.2% | 8.4% |
| Avg | 5.7% | 5.4% | 5.7% | 3.1% | 4.3% |
| Low | 1.0% | 0.1% | -1.3% | 0.0% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.98 | 11.70 | 13.99 | 12.73 | 13.26 |
| Avg | 9.42 | 10.64 | 11.99 | 12.24 | 12.76 |
| Low | 8.92 | 10.00 | 10.98 | 11.88 | 12.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.9% | 24.2% | 31.5% | 6.2% | 8.3% |
| Avg | 51.9% | 12.9% | 12.7% | 2.1% | 4.2% |
| Low | 43.8% | 6.1% | 3.2% | -0.9% | 1.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.