A statement released earlier today by Zacks Investment Research about Amplify Snack Brands Inc (NYSE:BETR) ups the target price to $17.00
- Updated: October 12, 2016
In a report issued Wednesday October 12, 2016 Zacks Investment Research upped the price target of Amplify Snack Brands Inc (NYSE:BETR) to $17.00 reporting a potential upside of 0.09%.
On 09/07/2016, Oppenheimer released a statement on Amplify Snack Brands Inc (NYSE:BETR) upped the target price from $19.00 to $20.00 that suggested an upside of 0.19%.
Having a price of $15.62, Amplify Snack Brands Inc (NYSE:BETR) traded 0.19% higher on the day. With the last close up 5.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Amplify Snack Brands Inc has recorded a 50-day average of $16.27 and a two hundred day average of $14.78. Volume of trade was down over the average, with 354,188 shares of BETR changing hands under the typical 684,525
With a total market value of $0, Amplify Snack Brands Inc has price-earnings ratio of 64.81 with a one year low of $9.15 and a one year high of $17.53 .
A total of 7 analysts have released a report on Amplify Snack Brands Inc. Three analysts rating the company a strong buy, four analysts rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $17.57.
General Information About Amplify Snack Brands Inc (NYSE:BETR)
Amplify Snack Brands, Inc. is a snack food company. The Company and its subsidiaries are focused on developing and marketing products that appeal to consumers' preference for Better-For-You (BFY) snacks. Its BFY-focused snacking platform consists of two brands: SkinnyPop and Paqui. Its anchor brand, SkinnyPop, is a BFY ready-to-eat (RTE) popcorn brand. SkinnyPop has a customer base across food distribution channels in the United States. SkinnyPop is cooked with approximately three core ingredients, such as popcorn, sunflower oil and salt. The SkinnyPop portfolio comprises approximately seven flavors, such as Original, White Cheddar flavor, Black Pepper and Sea Salt, Naturally Sweet, Dusted Dark Chocolate flavor, Jalapeno and Hatch Chile, a seasonal offering. It offers its products in a range of bag sizes and pack types that are sold across all channels. SkinnyPop products are gluten-free. The Company sells its products directly to retailers and to distributors.
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