15 Best Low Volatility Blue Chip Stocks to Buy Now

11. Avery Dennison Corporation (NYSE:AVY)

Beta Value (5Y Monthly): 0.91

On April 6, Avery Dennison Corporation (NYSE:AVY) saw its price target reduced by BofA to $201 from $210. The firm kept a Buy rating on the stock as part of its preview of the packaging and paper group.

A few days earlier, on April 1, Deutsche Bank began coverage of Avery Dennison with a Buy rating and a $200 price target. The firm introduced its broader view on the packaging sector, noting it is “navigating a complex and evolving economic landscape” in early 2026. The analyst pointed out that last year’s challenges, including weak consumer demand and rising costs, have carried into this year. On top of that, higher oil prices and tariff pressures are adding strain, making conditions more difficult for the industry. Within the sector, Deutsche Bank said it is “constructive on the rigid and flexible packaging group” while remaining “cautious” on the fiber-based packaging group.

Avery Dennison Corporation (NYSE:AVY) operates as a global materials science and digital identification solutions provider. It offers branding and information solutions designed to improve labor and supply chain efficiency, reduce waste, and support sustainability and transparency, while helping connect brands with consumers.