Brokerage Firm Rating Update on Bemis Company (BMS)

Bemis Company (BMS) : Zacks Investment Research ranks Bemis Company (BMS) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 2.5, which indicates as a Buy.

Bemis Company (BMS) : 6 Wall Street analysts covering Bemis Company (BMS) believe that the average level the stock could reach for the short term is $53. The maximum price target given is $60 and the minimum target for short term is around $45, hence the standard deviation is calculated at $6.1.


Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, Jefferies maintains its rating on Bemis Company (NYSE:BMS).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Jefferies lowers the new price target from $48 per share to $47 per share. The rating by the firm was issued on August 1, 2016.

Bemis Company (NYSE:BMS): stock was range-bound between the intraday low of $52.07 and the intraday high of $52.6896 after having opened at $52.59 on Wednesdays session. The stock finally closed in the red at $52.59, a loss of -0.78%. The stock remained in the red for the whole trading day. The total traded volume was 552,840 shares. The stock failed to cross $52.6896 in Wednesdays trading. The stocks closing price on Thursday was $52.79.

Bemis Company, Inc. is a manufacturer of packaging products. The Company operates through two business segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment manufactures multilayer polymer, blown and cast film structures to produce packaging for food and personal care product applications, as well as non-food applications. The Global Packaging segment manufactures multilayer polymer, blown and cast film structures to produce packaging for a range of food, medical, pharmaceutical, personal care, electronics and industrial applications. The Company offers its products primarily to the customers in the food industry. Its other customers include companies operating in a range of businesses, including chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction, and other consumer goods.

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