Impact of Brokerage Rating on BPC Acquisition Corp(BERY)

Many BPC Acquisition Corp(BERY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Berry Plastics Group Inc was Downgraded by Macquarie to Neutral on Dec 5, 2016. Company shares were Reiterated by RBC Capital Mkts on Nov 30, 2016 to Outperform, Raises Price Target to $ 60 from a previous price target of $54 .Berry Plastics Group Inc was Initiated by KeyBanc Capital Mkts to Sector Weight on Nov 30, 2016.

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Mark W Miles (Chief Financial Officer) sold 10,000 shares at 49.36 per share price.On Feb 6, 2017, Curt Begle (President) sold 18,000 shares at 52.28 per share price.On Dec 2, 2016, Tom Salmon (President) sold 5,000 shares at 50.56 per share price.

Berry Plastics Group Inc Last issued its quarterly earnings results on Feb 3, 2017. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.45. The company had revenue of $1502.00 million for the quarter, compared to analysts expectations of $1559.78 million. The companys revenue was down -6.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.

BPC Acquisition Corp (NYSE:BERY) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.75 by 12 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.

BPC Acquisition Corp (NYSE:BERY): 10 analysts have set the short term price target of BPC Acquisition Corp (NYSE:BERY) at $55.4. The standard deviation of short term price target has been estimated at $5.83, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 60 and $43 respectively.

BPC Acquisition Corp (NYSE:BERY) rose 0.39% or 0.19 points on Tuesday and made its way into the gainers of the day. After trading began at $49.05 the stock was seen hitting $49.45 as a peak level and $48.85 as the lowest level. The stock ended up at $49.38. The daily volume was measured at 871,562 shares. The 52-week high of the share price is $52.97 and the 52-week low is $28.22. The company has a market cap of $6,360 million.

Berry Plastics Group, Inc. is a manufacturer and marketer of value-added plastic consumer packaging and engineered materials. The Company operates in three segments: Rigid Packaging, Engineered Materials and Flexible Packaging. Its rigid packaging products include containers, thermoformed polypropylene and injection-molded plastic drink cups, plastic home and party items, plastic garden products, closures, aerosol overcaps, polyethylene and PET bottles and plastic squeeze tubes for food and beverage, retail mass, healthcare, personal care, and household chemical consumer-oriented end markets. Berrys flexible packaging products comprises of mono layer and coextruded films; barrier films for cereal, cookie, cracker, and dry mix packages; lamination films for carpet padding; films used for solar panel construction; component and packaging films; printed products; and coated and laminated packaging products. Berry Plastics Group, Inc. is headquartered in Evansville, Indiana.


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