BPC Acquisition Corp (BERY) has an average broker rating of 1.43, which is interpreted as a Strong Buy, as rated by 7 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
BPC Acquisition Corp (BERY) : The most positive equity analysts on BPC Acquisition Corp (BERY) expects the shares to touch $46, whereas, the least positive believes that the stock will trade at $42 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $43.83 with an expected fluctuation of $1.72 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. BPC Acquisition Corp (NYSE:BERY): The stock opened at $42.71 on Thursday but the bulls could not build on the opening and the stock topped out at $43.00 for the day. The stock traded down to $41.90 during the day, due to lack of any buying support eventually closed down at $42.57 with a loss of -0.30% for the day. The stock had closed at $42.70 on the previous day. The total traded volume was 1,915,073 shares.
In a related news,The officer (President) of Berry Plastics Group Inc, Begle Curt sold 16,143 shares at $40.25 on July 25, 2016. The Insider selling transaction had a total value worth of $649,756. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Berry Plastics Group, Inc. is engaged in providing plastic consumer packaging and engineered materials. The Companys products include drink cups, thin-wall containers, bottles, specialty closures, prescription vials, specialty films, adhesives and corrosion protection materials. The Company operates in four operating segments: Rigid Open Top and Rigid Closed Top, which sells primarily containers, foodservice items, closures, overcaps, bottles, prescription containers, and tubes; Engineered Materials, which sells pipeline corrosion protection solutions, tapes and adhesives, PE (polyethylene)-based film products and can liners; and Flexible Packaging, which sells high barrier, multilayer film products as well as finished flexible packages such as printed bags and pouches. The Company sells its solutions into consumer-oriented end-markets, such as food and beverage, healthcare and personal care.