Analyst Price Target is $55.00
▼ -2.34% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Avient in the last 3 months. The average price target is $55.00, with a high forecast of $61.00 and a low forecast of $47.00. The average price target represents a -2.34% upside from the last price of $56.32.
Current Consensus is
Buy
The current consensus among 7 polled investment analysts is to buy stock in Avient. This rating has held steady since September 2020, when it changed from a Hold consensus rating.
Avient Corp. engages in the business of thermoplastic compounds. It specializes in polymer materials, services, and solutions with operations in specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and polymer distribution. The firm is also involved in the development and manufacturing of performance enhancing additives, liquid colorants, fluoropolymers and silicone colorants. It operates through the following segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, speciality inks, plasticols, and vinyl slush molding solutions. The Specialty Engineered Materials segment makes polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials. The Distribution segment distributes engineering and commodity grade resins, including PolyOne-produced solutions, principally to the North American, Central American, and Asian markets. The firm's products include polymer distribution, screen printing inks, and the
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