BPC Acquisition Corp (BERY) Receives Price Target

BPC Acquisition Corp (BERY) stock is expected to deviate a maximum of $5.91 from the average target price of $50.71 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $57 and the most muted being $43.

BPC Acquisition Corp (BERY) has an average broker rating of 1.63, which is interpreted as a Buy, as rated by 8 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 2 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 1, which is also a Strong Buy.


Also, Equity Analysts at the Baird maintains the rating on BPC Acquisition Corp (NYSE:BERY). The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency raises the price target from $48 per share to $55 per share. The rating by the firm was issued on August 26, 2016.

BPC Acquisition Corp (NYSE:BERY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $45.50 and $45.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.55. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.49, notching a gain of 0.22% for the day. The total traded volume was 934,768 . The stock had closed at $45.39 on the previous day.

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.

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