Avantor Inc (NYSE:AVTR) saw an uptick in trading volume on Thursday . 5,313,000 shares traded hands during mid-day trading, an increase of 57% from the previous session’s volume of 3,393,474 shares.The stock last traded at $15.97 and had previously closed at $15.73.

Several research firms have commented on AVTR. Goldman Sachs Group began coverage on Avantor in a research report on Tuesday, June 11th. They issued a “buy” rating and a $20.00 price objective on the stock. Raymond James initiated coverage on Avantor in a research note on Wednesday, June 12th. They set an “outperform” rating and a $20.00 target price for the company. Piper Jaffray Companies initiated coverage on Avantor in a research note on Tuesday, June 11th. They set a “neutral” rating and a $19.00 target price for the company. Jefferies Financial Group initiated coverage on Avantor in a research note on Tuesday, June 11th. They set a “buy” rating for the company. Finally, Barclays restated a “buy” rating and set a $22.00 target price on shares of Avantor in a research note on Thursday, July 18th. Three equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $20.81.

The firm’s 50 day moving average price is $17.80.

Avantor (NYSE:AVTR) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.03). The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.52 billion. Avantor’s quarterly revenue was up 3.7% compared to the same quarter last year. Sell-side analysts anticipate that Avantor Inc will post 0.57 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Coastal Investment Advisors Inc. acquired a new position in Avantor in the second quarter worth about $69,000. JPMorgan Chase & Co. acquired a new position in Avantor in the second quarter worth about $103,000. Russell Investments Group Ltd. acquired a new position in Avantor in the second quarter worth about $113,000. FTB Advisors Inc. acquired a new position in Avantor in the second quarter worth about $127,000. Finally, Tower Research Capital LLC TRC acquired a new position in Avantor in the second quarter worth about $179,000. Institutional investors and hedge funds own 0.25% of the company’s stock.

Avantor Company Profile (NYSE:AVTR)

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. It operates in more than 30 countries and deliver an extensive portfolio of products and services.

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