Barclays analyst Duffy Fischer maintained a Hold rating on Berry Global Group (BERY – Research Report) on February 4 and set a price target of $70.00. The company’s shares closed last Friday at $61.50.
According to TipRanks.com, Fischer is a 5-star analyst with an average return of 17.3% and a 63.5% success rate. Fischer covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Venator Materials, and Eastman Chemical.
Berry Global Group has an analyst consensus of Moderate Buy, with a price target consensus of $82.50, a 30.5% upside from current levels. In a report issued on January 28, Credit Suisse also initiated coverage with a Hold rating on the stock with a $78.00 price target.
The company has a one-year high of $74.73 and a one-year low of $51.52. Currently, Berry Global Group has an average volume of 889.1K.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BERY in relation to earlier this year. Most recently, in December 2021, Curt Begle, the President of BERY bought 14,000 shares for a total of $414,260.
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.
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. The Consumer Packaging International segment consists of containers, closures, dispensing systems, pharmaceutical devices and packaging, polythene films, and technical components. The Consumer Packaging North America segment consists of containers, foodservice items, closures, over caps, bottles, prescription vials, and tubes. The Engineered Materials segment consists of tapes and adhesives, polyethylene-based film products, can liners, and specialty coated and laminated products. The Health, Hygiene & Specialties segment consists of nonwoven specialty materials and films used in hygiene, infection prevention, personal care, industrial, construction, and filtration applications. The company was founded on November 18, 2005 and is headquartered in Evansville, IN.
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