Meridian Divests Flooring Adhesives Division: Meridian has entered into a definitive agreement to sell its Flooring Adhesives Division, which includes the Taylor Adhesives, Polycom, and Frontier Products brands, to Avery Dennison.
Integration into Avery Dennison: The Flooring Business will be integrated into Avery Dennison's Materials Group, aiming for enhanced innovation and market reach.
Strategic Focus for Meridian: This divestiture allows Meridian to concentrate on the growth of its remaining portfolio, as stated by CEO Daniel Pelton.
Commitment to Transition: Both companies are committed to ensuring a smooth transition for employees, customers, and partners, with continued support for existing products and services.
AVY
$183.86+Infinity%1D
Analyst Views on AVY
Wall Street analysts forecast AVY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVY is 201.25 USD with a low forecast of 180.00 USD and a high forecast of 218.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast AVY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVY is 201.25 USD with a low forecast of 180.00 USD and a high forecast of 218.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 183.120
Low
180.00
Averages
201.25
High
218.00
Current: 183.120
Low
180.00
Averages
201.25
High
218.00
Argus
Alexandra Yates
Hold
to
Buy
upgrade
$200
2025-10-28
Reason
Argus
Alexandra Yates
Price Target
$200
2025-10-28
upgrade
Hold
to
Buy
Reason
Argus analyst Alexandra Yates upgraded Avery Dennison to Buy from Hold with a $200 price target.
BofA
George Staphos
Buy
maintain
$194 -> $195
2025-10-23
Reason
BofA
George Staphos
Price Target
$194 -> $195
2025-10-23
maintain
Buy
Reason
BofA analyst George Staphos raised the firm's price target on Avery Dennison (AVY) to $195 from $194 and keeps a Buy rating on the shares. While acknowledging that Avery "still has lots to manage through," the firm thinks the Intelligent Labels radio frequence id deal with Walmart (WMT) adds 5c-plus to earnings on a first-year basis and has this gradually rolling into estimates in 2026.
JPMorgan
Jeffrey Zekauskas
Neutral -> Overweight
upgrade
$182 -> $195
2025-10-23
Reason
JPMorgan
Jeffrey Zekauskas
Price Target
$182 -> $195
2025-10-23
upgrade
Neutral -> Overweight
Reason
JPMorgan analyst Jeffrey Zekauskas upgraded Avery Dennison (AVY) to Overweight from Neutral with a price target of $195, up from $182. The firm cites the company's collaboration with Walmart (WMT) for the upgrade. Avery is now likely to be valued more highly because of its opportunities in the radio-frequency identification food category, the analyst tells investors in a research note. JPMorgan sees Avery's total revenue opportunity from the Walmart deal at around $100M.
UBS
Neutral -> Buy
upgrade
$181 -> $218
2025-10-23
Reason
UBS
Price Target
$181 -> $218
2025-10-23
upgrade
Neutral -> Buy
Reason
UBS upgraded Avery Dennison (AVY) to Buy from Neutral with a price target of $218, up from $181. The firm views the company's deal with Walmart (WMT) as a "tipping point." Both Avery's radio-frequency identification and adjusted earnings growth could inflect higher in 2026, the analyst tells investors in a research note. UBS thinks the company can post 10% earnings growth in 2026, and then 12% longer term. This is supported by a new Walmart RFID rollout into bakery, meat, and deli sections of the store, contends UBS.
About AVY
Avery Dennison Corporation is a global materials science and digital identification solutions company. The Company provides a range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and connect brands and consumers. Its Materials Group segment manufactures and sells pressure-sensitive label materials, films for graphic and reflective products, performance tapes and other adhesive products for industrial, medical and other applications, as well as fastener solutions. Its Solutions Group segment designs, manufactures and sells a variety of branding and information solutions, including brand and price tickets, tags and labels (including radio-frequency identification (RFID) inlays), and related services, supplies and equipment. It serves an array of industries worldwide, including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
