Berry Plastics Group Inc (NYSE:BERY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Yesterday Berry Plastics Group Inc (NYSE:BERY) traded 0.22% higher at $44.50. Berry Plastics Group Inc’s 50-day average is $44.51 and its two hundred day average is $40.28. With the last stock price up 10.72% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 908,130 shares of BERY changing hands under the typical 1,466,810
Zacks Investment Research has downgraded Berry Plastics Group Inc (NYSE:BERY) to Sell in a statement released on Monday October 17, 2016.
Previously on 10/13/2016, Jefferies reported about Berry Plastics Group Inc (NYSE:BERY) increased the target price from $0.00 to $52.00. At the time, this indicated a possible upside of 0.18%.
With a total market value of $0, Berry Plastics Group Inc has price-earnings ratio of 26.67 with a one year low of $27.79 and a one year high of $46.26 .
A total of 9 firms have reported on the stock. 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 with a consensus target price of $44.22.
About Berry Plastics Group Inc (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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