Brokers bullish on Avantor Inc shares
The Avantor Inc (NYQ:AVTR) share price has risen by 28.5% over the past month and it’s currently trading at 17.49. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Avantor Inc currently has:
- 7 Buy recommendations
- 4 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
At its current price of 17.49, shares in Avantor Inc are trading at a discount of -8.65% to its 52 week high price.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Avantor Inc it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Avantor it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Avantor that you can find out about here.
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