BMO lifts Avery Dennison's PT, sees strong growth in labels segment
ReutersFeb 6, 2026 3:20 PM
BMO raises price target on labeling materials maker Avery Dennison AVY.N to $224 from $215, reiterates "outperform" rating
New PT represents a 16.1% upside to stock's last close
Brokerage says AVY's profit per share to rebound in 2026 and 2027, driven by solid growth in its intelligent labels segment and a post-tariff recovery in apparel production and consumption trends
Co expects Q1 adjusted profit per share of $2.40 to $2.46, largely in line with analysts' average expectations of $2.43 -data compiled by LSEG
AVY fell 2.8% in 2025
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