Berry Global Group (NYSE:BERY – Get Free Report) is anticipated to issue its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.00 per share and revenue of $2.35 billion for the quarter.
Berry Global Group Trading Down 0.7 %
BERY opened at $68.71 on Wednesday. Berry Global Group has a one year low of $54.06 and a one year high of $73.31. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.25 and a quick ratio of 0.80. The business has a 50 day simple moving average of $67.70 and a two-hundred day simple moving average of $67.00. The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 1.44 and a beta of 1.16.
Analyst Ratings Changes
Several research analysts have commented on the stock. Barclays upped their price objective on shares of Berry Global Group from $64.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 27th. UBS Group dropped their price target on Berry Global Group from $75.00 to $72.00 and set a “neutral” rating on the stock in a research report on Friday, January 10th. Citigroup reissued a “neutral” rating and issued a $76.00 target price on shares of Berry Global Group in a report on Monday, November 25th. StockNews.com initiated coverage on shares of Berry Global Group in a research note on Tuesday. They issued a “buy” rating on the stock. Finally, Truist Financial boosted their price target on Berry Global Group from $72.00 to $74.00 and gave the stock a “hold” rating in a research note on Monday, January 6th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Berry Global Group presently has an average rating of “Hold” and an average price target of $73.30.
About Berry Global Group
Berry Global Group, Inc manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets in the United States, Canada, Europe, and internationally. The company operates through Consumer Packaging International; Consumer Packaging North America; Engineered Materials; and Health, Hygiene & Specialties segments.
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