Robert W. Baird analyst Ghansham Panjabi reiterated a Hold rating on Bemis Company (NYSE: BMS) today and set a price target of $57. The company’s shares opened today at $51.06, close to its 52-week high of $53.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 13.8% and a 75.0% success rate. Panjabi covers the Consumer Goods sector, focusing on stocks such as Graphic Packaging, RPM International, and Silgan Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for Bemis Company with a $49 average price target, representing a -4.0% downside. In a report issued on July 26, KeyBanc also reiterated a Hold rating on the stock.
.
See today’s analyst top recommended stocks >>
Bemis Company’s market cap is currently $4.69B and has a P/E ratio of 42.84. The company has a Price to Book ratio of 3.98.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Bemis Co., Inc. engages in the manufacture and sale of packaging for food, consumer products, healthcare, and pharmaceutical companies. It operates through the U.S. Packaging and Global Packaging segment. The U.S. Packaging segment represents all food, consumer, and industrial products packaging-related manufacturing operations located in the United States.
