Barclays Maintains Multi Packaging Solutions Intrntnl Ltd to Overweight with Price Target $18.00

Brokerage firm Barclays Maintains its rating on Multi Packaging Solutions Intrntnl Ltd(NYSE:MPSX). In a research note issued to the investors, the brokerage major Lowers the price-target to $18.00 per share. The shares have been rated Overweight. The rating by Barclays was issued on Sep 2, 2016.

In a different note, On Aug 24, 2016, Citigroup said it Maintains its rating on Multi Packaging Solutions Intrntnl Ltd. In the research note, the firm Raises the price-target to $14.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 24, 2016, Credit Suisse said it Downgrades its rating on Multi Packaging Solutions Intrntnl Ltd. In the research note, the firm Lowers the price-target to $19.00 per share. The shares have been rated ‘Neutral’ by the firm.

Multi Packaging Solutions Intrntnl Ltd(MPSX) last announced its earnings results on Aug 22, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $373.84M. Analysts had an estimated revenue of $385.38M. Earnings per share were $0.03. Analysts had estimated an EPS of $0.10.

Several Insider Transactions has been reported to the SEC. On Jun 10, 2016, Richard Harris Copans (director 10% owner) sold 5,750,000 shares at $14.50 per share price.Also, On Jun 10, 2016, Thomas S Souleles (director 10% owner) sold 5,750,000 shares at $14.50 per share price.On Nov 6, 2015, William H. Hogan (CFO) purchased 14,000 shares at $13.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Multi Packaging Solutions International Limited is a global provider of value-added specialty packaging solutions focused on high complexity products for the consumer healthcare and multi-media markets. The Company provides its customers with an array of print-based specialty packaging solutions including folding cartons inserts labels and rigid packaging across a range of substrates (such as paper and paperboard pressure sensitive labels plastic and foil) and finishes (such as ultra-violet (UV) coatings film lamination stamping and embossing) which are complemented by value-added services including design new product development and customized supply chain solutions. It operates through three segments: North America Europe and Asia. The healthcare market includes pharmaceutical nutraceutical and healthcare related products. The consumer market includes cosmetics personal care and toiletries sporting goods transaction and gift cards liquor and consumer products.

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