BMO Capital Raises Price Target for Avery Dennison (AVY)

Avery Dennison (NYSE:AVY) is 1 of the 8 champion insubstantial and integrative packaging stocks to bargain according to hedge funds.

On February 6, the terms people connected Avery Dennison (NYSE:AVY) was raised from $215 to $224 by BMO Capital expert John McNulty. The expert maintained his Outperform standing connected the banal pursuing its fourth-quarter net beat. He forecasts maturation and revaluation prospects for the institution based connected its absorption connected execution, affirmative secular trends, and amended currency flows.

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On January 6, Truist Financial besides raised its terms people for Avery Dennison (NYSE:AVY) from $213 to $234, maintaining a Buy standing connected the stock. The upward revision present implies upside imaginable of much than 22%.

The steadfast expects flimsy weakness successful packaging volumes successful aboriginal 2026, but besides noted that immoderate CPGs are expanding volumes portion successfully retaining terms gains. The steadfast anticipates continued maturation for beverage cans crossed North America and Europe, with expectations of terms increments by containerboard producers owed to their controlled supplies.

Avery Dennison (NYSE:AVY) is simply a materials subject and integer recognition solutions supplier that operates done 2 segments, i.e., Materials Group and Solutions Group. It offers pressure-sensitive statement materials, show tapes products, converted products, and different adhesive-based materials. The institution sells its products done brands similar Avery Dennison, Fasson, and JAC.

While we admit the imaginable of AVY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.