KeyBanc Issues a Hold Rating on Bemis Company

By Austin Angelo

In a report released today, Adam Josephson from KeyBanc assigned a Hold rating to Bemis Company (NYSE: BMS). The company’s shares closed yesterday at $46.53.

According to TipRanks.com, Josephson is a 3-star analyst with an average return of 3.4% and a 40.4% success rate. Josephson covers the Consumer Goods sector, focusing on stocks such as International Paper Co, Avery Dennison Corp, and Colgate-Palmolive.

Currently, the analyst consensus on Bemis Company is Hold and the average price target is $47.56, representing a 2.2% upside.

In a report issued on October 10, Robert W. Baird also reiterated a Hold rating on the stock with a $48 price target.

Bemis Company’s market cap is currently $4.28B and has a P/E ratio of 21.05. The company has a book value ratio of 3.3848.

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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.