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Analysts Offer Insights on Materials Companies: Albany International (AIN) and Avery Dennison (AVY)

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Analysts have been eager to weigh in on the Materials sector with new ratings on Albany International (AINResearch Report) and Avery Dennison (AVYResearch Report).

Albany International (AIN)

In a report issued on April 26, Peter Arment from Robert W. Baird maintained a Hold rating on Albany International, with a price target of $95.00. The company’s shares closed last Friday at $78.22.

According to TipRanks.com, Arment is a 5-star analyst with an average return of 11.7% and a 64.1% success rate. Arment covers the Technology sector, focusing on stocks such as Spirit AeroSystems, Maxar Technologies, and Rada Electronics.

The word on The Street in general, suggests a Hold analyst consensus rating for Albany International with a $91.33 average price target, implying a 14.3% upside from current levels. In a report issued on April 27, Cowen & Co. also maintained a Hold rating on the stock with a $86.00 price target.

See the top stocks recommended by analysts >>

Avery Dennison (AVY)

In a report issued on April 26, Ghansham Panjabi from Robert W. Baird maintained a Buy rating on Avery Dennison, with a price target of $250.00. The company’s shares closed last Friday at $180.60.

According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 10.3% and a 60.8% success rate. Panjabi covers the Basic Materials sector, focusing on stocks such as Axalta Coating Systems, Berry Global Group, and Graphic Packaging.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avery Dennison with a $210.19 average price target, a 14.2% upside from current levels. In a report issued on April 27, J.P. Morgan also upgraded the stock to Buy with a $195.00 price target.

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