Morgan Stanley Maintains a Hold Rating on Berry Global Group (BERY)


Morgan Stanley analyst Neel Kumar maintained a Hold rating on Berry Global Group (BERY) today and set a price target of $32.00. The company’s shares closed last Monday at $27.33, close to its 52-week low of $26.05.

According to TipRanks.com, Kumar is a 2-star analyst with an average return of -8.4% and a 20.0% success rate. Kumar covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical, Avery Dennison, and Crown Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Berry Global Group with a $49.33 average price target.

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The company has a one-year high of $59.16 and a one-year low of $26.05. Currently, Berry Global Group has an average volume of 1.73M.

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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 International, Consumer Packaging North America, Health, Hygiene & Specialties, and Engineered Materials.

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