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A statement released earlier today by Jefferies about Berry Plastics (NYSE:BERY) bumps the target price to $52.00

Yesterday Berry Plastics (NYSE:BERY) traded 0.00% even at $44.12. The company’s 50-day moving average is $44.52 and its 200-day moving average is $40.07. The last stock close price is up 10.11% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 1,456,470

Jefferies upped the price target of Berry Plastics (NYSE:BERY) to $52.00 reporting a possible upside of 0.18%.

See Chart Below

Berry Plastics (NYSE:BERY)

Berry Plastics has a 52 week low of $27.79 and a 52 week high of $46.26 with a P/E ratio of 26.39 The company’s market cap is currently $0.

In addition to Jefferies reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $44.22 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Berry Plastics (NYSE:BERY)

Berry Plastics Group, Inc. is a provider of plastic consumer packaging and engineered materials. The Company offers a range of products, including specialty closures, prescription vials, specialty films, adhesives, corrosion protection materials, as well as drink cups, thin-wall containers and bottles. The Company has three segments: Health, Hygiene and Specialties; Consumer Packaging, and Engineered Materials. The Company sells its products to end markets, such as healthcare, personal care, and food and beverage. The Company's Health, Hygiene and Specialties segment includes the personal care films and international business. Its Consumer Packaging segment consists of the food and consumer films business, and the custom shrink films business. Its Engineered Material segment includes the converter films business. It provides thermoformed polypropylene (PP) and injection-molded plastic drink cups in the United States. It offers a range of extruded and laminate tubes of various sizes.

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