Berry Plastics Group Inc (NYSE:BERY) target bumped up to $60.00, released a ratings update earlier today by RBC Capital Markets
- Updated: November 30, 2016
Just yesterday Berry Plastics Group Inc (NYSE:BERY) traded -0.34% lower at $49.77. BERY’s 50-day average is $44.81 and its two hundred day average is $42.17. With the last close up 18.03% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. 2,404,012 shares of the stock were exchanged, up from an average trading volume of 1,436,200
RBC Capital Markets increased the stock price target of Berry Plastics Group Inc (NYSE:BERY) to $60.00 indicating a possible upside of 0.21%.
Previously on 02/16/2016, Citigroup reported about Berry Plastics Group Inc (NYSE:BERY) lowered the target price from $40.00 to $37.00. At the time, this indicated a possible upside of 0.26%.
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Berry Plastics Group Inc has a 52 week low of $27.79 and a 52 week high of $50.88 with a PE ratio of 29.77 The company’s market cap is currently $0.
In addition to RBC Capital Markets reporting its target price, a total of 9 brokers have issued a report on the stock. The consensus target price is $44.22 with 4 brokerages rating the company a strong buy, five brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For 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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