Goldman Sachs Starts Berry Plastics Group (BERY) at Buy

Goldman Sachs initiates coverage on Berry Plastics Group (NYSE: BERY) with a Buy. PT $17.00.

"We like BERY's sector-leading top-line growth profile (given its leverage to faster-growing plastic packaging substrates and track record of accretive acquisitions) and strong free cash flow generation," the analyst comments. "While we note BERY's higher leverage and limited free float, we see multiple expansion potential from deleveraging."

For an analyst ratings summary and ratings history on Berry Plastics Group click here. For more ratings news on Berry Plastics Group click here.

Shares of Berry Plastics Group closed at $13.88 yesterday.

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