In a report released today, Adam Josephson from KeyBanc reiterated a Hold rating on Berry Plastics (NYSE: BERY). The company’s shares opened today at $48.32.
Josephson said:
“We think BERY’s adj. free cash flow might be no better than flat next year (in FY19).”
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 7.5% and a 63.3% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Graphic Packaging.
Berry Plastics has an analyst consensus of Strong Buy, with a price target consensus of $63.50.
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The company has a one-year high of $61.71 and a one-year low of $45.60. Currently, Berry Plastics has an average volume of 1.67M.
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Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. It operates through the following business segments: Consumer Packaging; Health, Hygiene & Specialties; and Engineered Materials.
