Analyst Rating Update on Tupperware Brands Corporation (TUP)

Tupperware Brands Corporation (NYSE:TUP) : The consensus on Tupperware Brands Corporation (NYSE:TUP) based on 7 analyst recommendation on the company stock is 3.14, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Tupperware Brands Corporation (NYSE:TUP).

Tupperware Brands Corporation (NYSE:TUP) : Currently there are 5 street experts covering Tupperware Brands Corporation (NYSE:TUP) stock. The most bullish and bearish price target for the stock is $59 and $53 respectively for the short term. The average price target of all the analysts comes to $57. The estimated standard deviation from the target is $2.35.

Company shares have received an average consensus rating of Hold for the current week Also, Citigroup maintains its rating on Tupperware Brands Corporation (NYSE:TUP). The global brokerage major raises the current price target from $57 per share to $63 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on April 18, 2016.

Tupperware Brands Corporation (NYSE:TUP): stock turned positive on Tuesday. Though the stock opened at $51.57, the bulls momentum made the stock top out at $53.71 level for the day. The stock recorded a low of $51.57 and closed the trading day at $53.12, in the green by 4.24%. The total traded volume for the day was 1,082,268. The stock had closed at $50.96 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, Chief Legal Officer & Sec) of Tupperware Brands Corp, Roehlk Thomas M had sold 2,000 shares worth of $112,720 in a transaction dated June 15, 2016. In this transaction, 2,000 shares were sold at $56.36 per share.

Tupperware Brands Corporation (Tupperware Brands) is a global direct-to-consumer company engaged in the manufacture and sale of Tupperware products and cosmetics and personal care products. The Companys Europe, Asia Pacific and Tupperware North America segments offer storage and serving solutions for the kitchen and home through the Tupperware brand. Europe segment includes Avroy Shlain, which sells beauty and personal care products. Asia Pacific segment sells beauty and personal care products under the NaturCare, Nutrimetics and Fuller brands. The Companys Beauty North America segment offers cosmetics, skin care and personal care products marketed under the BeautiControl brand in the United States, Canada and Puerto Rico and the Armand Dupree and Fuller Cosmetics brands in Mexico and Central America. The Companys South America segment offers both housewares and beauty products under the Armand Dupree, Fuller, Nuvo and Tupperware brands.

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