Berry Global Group, Inc. (BERY)
NYSE: BERY · IEX Real-Time Price · USD
56.32
+0.38 (0.68%)
Apr 18, 2024, 4:00 PM EDT - Market closed
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 71.91, with a low estimate of 62 and a high estimate of 89. The average target predicts an increase of 27.68% from the current stock price of 56.32.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 3 | 2 | 2 | 2 | 1 | 1 |
| Hold | 4 | 5 | 3 | 3 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 9 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy → Hold Downgrades $68 → $65 | Buy → Hold | Downgrades | $68 → $65 | +15.41% | Apr 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $75 → $68 | Strong Buy → Hold | Downgrades | $75 → $68 | +20.74% | Mar 27, 2024 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $72 → $62 | Buy → Hold | Downgrades | $72 → $62 | +10.09% | Mar 15, 2024 |
| Barclays | Barclays | Hold Maintains $67 → $64 | Hold | Maintains | $67 → $64 | +13.64% | Feb 12, 2024 |
| Mizuho | Mizuho | Hold Maintains $74 → $65 | Hold | Maintains | $74 → $65 | +15.41% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
12.70B
from 12.66B
Increased by 0.28%
Revenue Next Year
12.96B
from 12.70B
Increased by 2.08%
EPS This Year
7.65
from 4.95
Increased by 54.47%
EPS Next Year
8.49
from 7.65
Increased by 10.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4B | 13.7B | 13.8B |
| Avg | 12.7B | 13.0B | 13.2B |
| Low | 12.0B | 12.3B | 12.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.5% | 8.2% | 6.7% |
| Avg | 0.3% | 2.1% | 2.2% |
| Low | -5.2% | -3.5% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.06 | 9.08 | 10.25 |
| Avg | 7.65 | 8.49 | 9.27 |
| Low | 7.20 | 7.84 | 8.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 62.9% | 18.8% | 20.8% |
| Avg | 54.5% | 11.0% | 9.2% |
| Low | 45.5% | 2.5% | -5.3% |
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.