Thursday May 24 | Food & Drug Packaging
AMERIPEN welcomes four new members
AMERIPEN's membership now numbers 29 companies. The organization has also announced that June 1 is now the deadline for new members to join and be able to participate in AMERIPEN's second Annual Meeting of Members.
Bemis Downgraded to "Sell" at Longbow Research
Bemis opened at 32.19 on Friday. Bemis has a 1-year low of $27.21 and a 1-year high of $34.40. The company has a market cap of $3.318 billion and a price-to-earnings ratio of 19.18. The company last announced its quarterly results on Thursday, April 26th.
Bemis Price Target Increased to $31.00 by Analysts at Jefferies Group
The firm currently has a "hold" rating on the stock. The analysts wrote, "We are encouraged that BMS is taking a more proactive stance on right sizing its cost structure and renegotiating contracts with quicker pass throughs, but with shares already trading at a fair valuation and volumes remaining depressed, we are comfortable with our Hold ... (more)
Bemis Company Inc. Earnings: Revenue Falls After Four Straight Increases, Net Income Drops
S&P 500 component Bemis Company Inc. reported its results for the first quarter.
The firm currently has a $33.00 price target on the stock. Zacks ' analyst wrote, "Bemis Company's fourth-quarter EPS declined 8% to $0.45, ahead of the Zacks Consensus Estimate.