Berry Global Group, Inc. (BERY)
NYSE: BERY · IEX Real-Time Price · USD
58.36
+0.16 (0.27%)
At close: Jul 2, 2024, 4:00 PM
58.72
+0.36 (0.62%)
After-hours: Jul 2, 2024, 7:58 PM EDT
Berry Global Group Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Berry Global Group stock have an average target of 73.36, with a low estimate of 62 and a high estimate of 89. The average target predicts an increase of 25.70% from the current stock price of 58.36.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for BERY stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 5 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $74 → $81 | Strong Buy | Maintains | $74 → $81 | +38.79% | May 10, 2024 |
| Baird | Baird | Buy → Hold Downgrades $68 → $65 | Buy → Hold | Downgrades | $68 → $65 | +11.38% | Apr 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $75 → $68 | Strong Buy → Hold | Downgrades | $75 → $68 | +16.52% | Mar 27, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $72 → $62 | Buy → Hold | Downgrades | $72 → $62 | +6.24% | Mar 15, 2024 |
| Barclays | Barclays | Hold Maintains $67 → $64 | Hold | Maintains | $67 → $64 | +9.66% | Feb 12, 2024 |
Financial Forecast
Revenue This Year
12.60B
from 12.66B
Decreased by -0.47%
Revenue Next Year
12.87B
from 12.60B
Increased by 2.07%
EPS This Year
7.64
from 4.95
Increased by 54.43%
EPS Next Year
8.38
from 7.64
Increased by 9.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.3B | 13.7B | 13.6B |
| Avg | 12.6B | 12.9B | 13.2B |
| Low | 11.9B | 12.1B | 12.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0% | 8.9% | 6.0% |
| Avg | -0.5% | 2.1% | 2.3% |
| Low | -5.9% | -3.6% | -3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.93 | 8.94 | 10.24 |
| Avg | 7.64 | 8.38 | 9.36 |
| Low | 7.25 | 7.84 | 8.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 60.2% | 16.9% | 22.1% |
| Avg | 54.4% | 9.7% | 11.6% |
| Low | 46.5% | 2.6% | -0.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.