Deutsche Bank Maintains a Hold Rating on Bemis Company

By George MacDonald

In a report issued on January 29, Debbie Jones from Deutsche Bank maintained a Hold rating on Bemis Company (NYSE: BMS), with a price target of $45. The company’s shares closed last Friday at $47.87, close to its 52-week high of $48.54.

Bemis Company has an analyst consensus of Moderate Buy, with a price target consensus of $48.

The company has a one year high of $48.54 and a one year low of $38.67. Currently, Bemis Company has an average volume of 725.2k.

Like Deutsche Bank`s latest rating, based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is neutral on the stock. Most recently, in December 2015, Edward Perry, a a Director at BMS sold 1,492 shares for a total of $69,154.

According to TipRanks.com, Jones is ranked 0 out of 5 stars with an average return of -20.4% and a 20.7% success rate. Jones covers the Consumer Goods sector, focusing on stocks such as Graphic Packaging, Silgan Holdings, and Sonoco Products.

Bemis Co Inc is a manufacturer of flexible packaging products and pressure sensitive materials, selling to customers throughout the United States, Canada, Mexico, South America, Europe, and Asia Pacific.