Analyst Price Target is $50.10
▲ +2.60% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Avient in the last 3 months. The average price target is $50.10, with a high forecast of $61.00 and a low forecast of $30.00. The average price target represents a 2.60% upside from the last price of $48.83.
Current Consensus is
The current consensus among 10 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 Corporation provides specialized polymer materials, services, and solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks, plastisols, and vinyl slush molding solutions. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology, and thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.