Avery Dennison Surges to 452nd in Market Rankings with $198 Million Turnover

On April 22, 2025, Avery Dennison (AVY) saw a significant increase in trading volume, with a turnover of $198 million, marking a 61.78% rise from the previous day. This surge placed Avery Dennison at the 452nd position in the day's stock market rankings. The stock price of Avery Dennison rose by 3.43%.

Jefferies has initiated coverage on Avery Dennison with a Hold rating and a price target of $175. This move comes as the company has maintained a track record of GDP-plus growth for over a decade. The rating reflects a cautious outlook on the stock's near-term prospects, despite its strong historical performance.

John Dunigan, an analyst at Jefferies, has started coverage on Avery Dennison with a Hold rating. This decision aligns with the broader analyst consensus, which currently rates the stock as overweight with a mean price target of $206, according to data from FactSet. The Hold rating suggests that while the company has strong fundamentals, there may be limited upside potential in the short term.

Truist has lowered its price target for Avery Dennison to $194 from $208. This adjustment comes as the company continues to navigate a complex market environment. The revised target reflects a more conservative outlook on the stock's future performance, taking into account various factors that could impact its growth trajectory.