BMO Capital Keeps Their Hold Rating on Bemis Company

By Austin Angelo

BMO Capital analyst Mark Wilde reiterated a Hold rating on Bemis Company (NYSE: BMS) yesterday and set a price target of $48. The company’s shares closed yesterday at $44.77, close to its 52-week low of $43.13.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 13.0% and a 83.6% success rate. Wilde covers the Consumer Goods sector, focusing on stocks such as Multi Packaging Solutions, International Paper Co, and Graphic Packaging.

Currently, the analyst consensus on Bemis Company is Hold and the average price target is $44.83, representing a 0.1% upside.

In a report issued on June 1, KeyBanc also reiterated a Hold rating on the stock.

Bemis Company’s market cap is currently $4.12B and has a P/E ratio of 18.35. The company has a book value ratio of 3.2643.

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Bemis Co., Inc. engages in the manufacture and sale of packaging for food, consumer products, healthcare, and pharmaceutical companies. It operates through the U.S. Packaging and Global Packaging segment. The U.S. Packaging segment represents all food, consumer, and industrial products packaging-related manufacturing operations located in the United States. The Global Packaging segment includes all packaging-related manufacturing operations located outside of the United States as well as medical device and pharmaceutical packaging-related manufacturing operations. The company was founded by Judson Moss Bemis in 1858 and is headquartered in Neenah, WI.