Bemis Company (BMS) Receives Analyst Rating

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) : Currently there are 6 street experts covering Bemis Company (BMS) stock. The most bullish and bearish price target for the stock is $60 and $45 respectively for the short term. The average price target of all the analysts comes to $53. The estimated standard deviation from the target is $6.1.


Also, Major Brokerage house, Jefferies maintains its ratings on Bemis Company (NYSE:BMS). In the latest research report, Jefferies lowers the target price from $48 per share to $47 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on August 1, 2016.

Bemis Company (NYSE:BMS): After opening at $51.06, the stock dipped to an intraday low of $50.98 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.63 and the buying power remained strong till the end. The stock closed at $51.56 for the day, a gain of 0.88% for the day session. The total traded volume was 535,100. The stocks close on the previous trading day was $51.11.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.