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JPMorgan maintains the rating for Avantor, with a target price of $15
Businessinsider
1h ago
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JPMorgan analyst Casey Woodring maintained a “hold” rating on Avantor on Thursday, with a target price of $15. Avantor closed at $16.42 on Thursday; the company’s latest disclosure showed that quarterly revenue as of June 30 was $1.69 billion, and net profit was $38.1 million.
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JPMorgan analyst Casey Woodring maintained a “hold” rating on Avantor on Thursday, setting a target price of $15.00. The company’s stock closed at $16.42 on Thursday.

Woodring mainly covers the healthcare sector, with a focus on stocks such as Illumina, Guardant Health, and Natera. According to the data from TipRanks, the average return rate of the recommended stocks by Woodring is 13.6%, with a success rate of 68.22%.

In addition to JPMorgan Chase, analyst Daniel Brennan also assigned a "hold" rating to Avantor in a report released on October 13. However, Barclays maintained a "sell" rating on Avantor ( NYSE : AVTR ) on October 7.

According to the latest quarterly financial report released by Avantor as of June 30, the company's revenue for that quarter was 1.69 billion US dollars, with a net profit of 38.1 million US dollars. In contrast, during the same period last year, the company's revenue was 1.68 billion US dollars, and the net profit was 64.7 million US dollars.

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