Avery Dennison Co. (AVY) has seen a strong performance over the past few years. Several investment firms such as Meridiem Investment Management and SG Americas Securities continue to bolster their stakes in the company. Avery Dennison's intrinsic value is speculated to be 63% above its current share price, creating speculation of substantial undervalued potential. The company retains its 'Buy' rating from multiple banks, including Bank of America, Barclays, and Truist, even while the latter contemplates the effect of UPM's 39% EBIT drop. Handelsbanken Fonder AB and Millennium Management further increased their shareholdings, demonstrating continued confidence in Avery Dennison. It has shown consistent growth, beating Q2 earnings and outperforming many industrial product peers. Avery Dennison also reaffirms its long-term targets in their 2024 Investor Day. However, insider stock disposals trigger possible bearish indications, and debates persist whether its shares have been underperforming compared to the S&P 500. Notably, Avery Dennison's impressive 112% and 122% returns over the last five years have certainly rewarded long-standing shareholders.
Avery Dennison Stocks AVY News Analytics from Mon, 18 Aug 2014 07:00:00 GMT to Sat, 19 Oct 2024 15:40:41 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3
