Truist cuts target to USD 208.00 for Avery Dennison stock

Published on 10/17/2026 at 18:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.9 percent to USD 2.46 billion in Q2 2026. Avery Dennison stock stood at USD 175.31 on October 16, 2026, down 0.32 percent.

Analyst view and trading date

Truist Financial cut its Avery Dennison target from USD 209.00 to USD 208.00 on October 12, 2026.
Second-quarter revenue rose 10.9 percent year over year to USD 2.46 billion in 2026.
Avery Dennison stock was last at USD 175.31 on October 16, 2026, down 0.32 percent versus the prior close of October 15, 2026.
Avery Dennison will release third-quarter results on October 29, 2026.

Aquarell-Illustration des Avery-Dennison-Campus in Mentor, Ohio — Avery Dennison Corp. Hauptquartier in Ohio gemalt als Aquarell unter ISIN US0536111091 in Mentor, Illustration mit AI erstellt.

Avery Dennison (ISIN US0536111091) faces a USD 208.00 analyst target after Truist Financial cut its target from USD 209.00 on October 12, 2026, according to MarketBeat. The target sits 18.64 percent above the last NYSE price of USD 175.31.

Revenue growth reached 10.9 percent

Avery Dennison reported second-quarter 2026 revenue of USD 2.46 billion, up 10.9 percent from the year-earlier quarter. Adjusted earnings per share rose 19.4 percent to USD 2.89, while management set full-year adjusted earnings per share guidance at USD 10.00 to USD 10.30, Yahoo Finance reported on October 7, 2026. The same report said customer inventory stocking contributed about USD 0.25 of adjusted earnings per share, creating a concrete counterweight to the headline growth.

Shares remain below USD 199.54

The last NYSE price was USD 175.31 on October 16, 2026 at 4:00 p.m. ET, down 0.32 percent from the prior close of USD 175.88. The stock remained USD 24.23 below its 52-week high of USD 199.54 and USD 22.89 above its 52-week low of USD 152.42. Trading volume was 563,350 shares against an average of 895,879.

Valuation and October 29 date

Avery Dennison had a market capitalization of USD 13.3 billion, a price-to-earnings ratio of 19.20 and a dividend yield of 2.00 percent on October 16, 2026. The annualized dividend was USD 4.00, while the next reporting date is October 29, 2026. The company said in an investor-relations release dated October 1, 2026 that its third-quarter earnings release would arrive at approximately 6:45 a.m. ET, followed by an 11:00 a.m. ET conference call, Avery Dennison said.

Comparison with peers

Avery Dennison (NYSE, USD): minus 0.32 percent, price-to-earnings ratio 19.20, market capitalization USD 13.3 billion
3M (NYSE, USD): minus 0.37 percent, price-to-earnings ratio 29.26, market capitalization USD 84.9 billion
Sealed Air (NYSE, USD): plus 0.02 percent, price-to-earnings ratio 15.85, market capitalization USD 6.2 billion

What the target leaves unresolved

The analyst target gives the stock a measurable upside reference, but the next earnings release will test whether second-quarter growth can persist after the inventory benefit fades. The October 29 update therefore matters for both guidance and the balance between Materials Group momentum and slower Solutions Group growth.