AVY Price Prediction Next Week
Technical Analysis Based on recent price action, AVY shows a strong upward momentum with the stock closing at $211.30 on February 23rd. The stock has formed higher lows and higher highs over the past week, indicating bullish sentiment.
News Sentiment & Analyst Views Recent analyst actions show mixed but generally positive sentiment:
- Barclays maintained Overweight rating while lowering PT to $225 from $245
- The stock received a Strong Buy consensus with average PT of $215.25, implying 15.89% upside
- Validea's analysis gives AVY a 100% rating based on P/B Growth Investor model, indicating strong fundamentals
Price Prediction for Next Week Based on technical indicators and recent price action, AVY is expected to trade in the following ranges:
- Support levels: $208.00 - $210.00
- Resistance levels: $214.00 - $216.00
- Target price: $215.00
Trading Recommendation BUY with entry point at current levels ($211.30) for the following reasons:
- Strong technical momentum with higher lows pattern
- Positive analyst consensus with upside potential
- Strong fundamental ratings
- Set stop loss at $208.00 and take profit at $215.00
AVY Similar Chart Price Prediction
The price of AVY is predicted to go up 8.37%, based on the high correlation periods with CNC. The similarity of these two price pattern on the periods is 96.57%.
AVY
CNC
Up: 8.37%Similarity: 96.57%
AVY Revenue Forecast
AVY EPS Forecast
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AVY VS S&P500
Emerging-market adoption of consumer-packaged goods will provide a long runway for sales growth.
Growing implementation of RFID technologies should provide a strong tailwind for Avery's intelligent labels business.
Avery's manufacturing know-how and commitment to research and development will enable the firm to grow its industry leading product portfolio.
AVY Analyst's Forecast
Matt Roberts
Raymond James
Buy
2025-01-31
Price Target
$218 → $208
Upside
+12.2%
Raymond James analyst Matt Roberts lowered the firm's price target on Avery Dennison to $208 from $218 and keeps an Outperform rating on the shares. A disappointing Intelligent Labels growth rate and lower than expected EPS outlook weighed on results, which Raymond James tells investors is a "theme all too familiar over the past couple quarters." However, the firm thinks expectations are now largely reset, and visibility into IL growth in the more established apparel/general retail end markets appears clearer with potential upside from new rollout timing.
Michael Roxland
Truist Securities
Strong Buy
2025-01-31
Price Target
$245 → $215
Upside
+15.97%
Jeffrey Zekauskas
JP Morgan
Hold → Buy
2025-01-31
Price Target
$210 → $205
Upside
+10.58%
