Barclays analyst Michael Leithead maintained a Buy rating on Avery Dennison (AVY – Research Report) today and set a price target of $225.00. The company’s shares closed yesterday at $179.99.

According to TipRanks, Leithead is a 4-star analyst with an average return of 3.9% and a 54.63% success rate. Leithead covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Olin, and Dow Inc.

Currently, the analyst consensus on Avery Dennison is a Strong Buy with an average price target of $215.90, which is a 19.95% upside from current levels. In a report released on February 10, Stifel Nicolaus also maintained a Buy rating on the stock with a $236.00 price target.

Based on Avery Dennison’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $2.18 billion and a net profit of $181.7 million. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $138.3 million

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AVY in relation to earlier this year. Most recently, in November 2024, Nicholas Colisto, the SVP & CIO of AVY sold 3,679.00 shares for a total of $757,837.21.