Weekly Recap | Avantor -1.07%, a quiet low-volume week

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The Week

Avantor (AVTR) fell 1.07% this week to close at $14.81, underperforming the S&P 500’s 0.8% decline by about 0.27 percentage points. Trading was choppy: the stock rallied to $15.46 on Tuesday (8 Sep) before pulling back, then spent the next three sessions between roughly $14.60 and $15.25 as volume tapered off day by day. There were no major company-specific catalysts in a week of quiet, range-bound trade.

Analyst Ratings

Of the 17 institutions covering AVTR, 3 rate it buy, 1 rates it under, and 13 rate it hold, with no sell ratings. The consensus rating is hold and the consensus target price is $14.66, leaving about 1.0% downside from the current price. Targets range widely from $12 to $19, reflecting sizeable disagreement among analysts. Within life sciences tools and services, AVTR ranks 12th out of 54 companies.

The Week Ahead

The macro calendar is heavy next week. On Tuesday 15 Sep, the New York Fed manufacturing index is released, with a prior of 20.6 and a forecast of 14.75. Wednesday 16 Sep brings retail sales, retail sales ex-autos, import prices, the NAHB housing market index and weekly EIA crude inventories, among others. AVTR has no earnings or company events of its own next week, so its moves may keep tracking the broader macro tone.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.

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