Avantor Inc (AVTR) Initiated with a Buy at Merrill Lynch


In a report released today, Derik De Bruin from Merrill Lynch initiated coverage with a Buy rating on Avantor Inc (AVTR) and a price target of $22. The company’s shares closed yesterday at $17.30.

According to TipRanks.com, Bruin is ranked #739 out of 5194 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Avantor Inc with a $20.64 average price target, implying a 19.3% upside from current levels. In a report released today, UBS also initiated coverage with a Buy rating on the stock with a $21 price target.

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The company has a one-year high of $17.98 and a one-year low of $14. Currently, Avantor Inc has an average volume of 8.63M.

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Avantor, Inc. is a provider of mission critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. It sells materials & consumables, equipment & instrumentation and services & specialty procurement.

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