Berry Plastics Group, Inc. Reports Fourth Quarter and Fiscal Year 2016 Results

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Go back to Berry Plastics Group, Inc. Reports Fourth Quarter and Fiscal Year 2016 Results

KeyBanc Starts Berry Plastics Group (BERY) at Sector Weight

November 30, 2016 2:10 PM EST

KeyBanc initiated coverage on Berry Plastics Group (NYSE: BERY) with a Sector Weight rating.

Analyst Adam Josephson said, "In FY16, BERYs EBITDA margins went from 16.1% to 18.6% (a substantial 250 basis point improvement), which are the highest in the Companys recent history and are among the highest of the publicly traded plastic packaging companies. We commend BERY on this impressive... More

Jefferies Raises price Target on Berry Plastics Group (BERY) to $59

November 30, 2016 8:49 AM EST

Jefferies reiterated a Buy rating on Berry Plastics Group (NYSE: BERY), and raised the price target to $59.00 (from $52.00), following the company's 4Q earnings report.

Analyst Philip Ng commented, "BERY is on track to grow FCF >60% in FY16-FY18E as it... More