Avery Dennison Corporation (AVY) is a global materials science and manufacturing company with a market cap of $13.5 billion. Specializing in labeling and functional materials, AVY stock has underperformed the market, declining 20.3% in the past year.

Despite AVY’s $390 million acquisition of Meridian Adhesives Group’s U.S. flooring adhesives business, shares fell 1.5% post announcement. Analysts predict AVY’s EPS to grow marginally to $9.50 in 2025. Consensus among 13 analysts is a “Strong Buy,” with a mean price target of $199.50, representing a 15.1% premium.

On Jul. 23, BMO Capital lowered Avery Dennison’s price target to $207 while maintaining an “Outperform” rating. The Street-high price target of $223 suggests an upside potential of 28.7%. Six analysts have recently suggested a “Strong Buy” for the stock, down from a month ago.

Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Avery Dennison Stock?