Workflow
Avery Dennison's Share Price Should Keep Rising With Stronger Bottom Line
AVYAvery Dennison(AVY) Seeking Alpha·2024-07-08 21:34

jetcityimage Investment thesis for Avery Dennison The world's largest label company, Avery Dennison Corporation (NYSE:AVY) is putting some pep back into its earnings after several uninspiring quarters. It aims to deliver superior value to shareholders through profitable growth and capital discipline. Those efforts are now paying off as double-digit EBITDA and EPS growth are expected this year and next year. Although the share price is not a bargain, I believe it will rise to $231 in the next year, providing ...