Berry Global Group (BERY) Gets a Hold Rating from KeyBanc
KeyBanc analyst Adam Josephson maintained a Hold rating on Berry Global Group (BERY) today. The company’s shares closed last Monday at $42.52.
According to TipRanks.com, Josephson is a 4-star analyst with an average return of 6.8% and a 63.3% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as Graphic Packaging, Silgan Holdings, and Avery Dennison.
Currently, the analyst consensus on Berry Global Group is a Moderate Buy with an average price target of $56.00, implying a 22.8% upside from current levels. In a report issued on January 16, Barclays also initiated coverage with a Hold rating on the stock with a $50.00 price target.
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Berry Global Group’s market cap is currently $6.11B and has a P/E ratio of 15.32. The company has a Price to Book ratio of 3.77.
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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 segments: Consumer Packaging; Health, Hygiene & Specialties; and Engineered Materials.