BPC Acquisition Corp (BERY) Earning Somewhat Favorable Press Coverage, Analysis Shows

Headlines about BPC Acquisition Corp (NYSE:BERY) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BPC Acquisition Corp earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.8793577487096 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news stories that may have impacted Accern’s analysis:

Several brokerages recently issued reports on BERY. SunTrust Banks, Inc. restated a “buy” rating and issued a $65.00 target price on shares of BPC Acquisition Corp in a report on Monday, October 2nd. BidaskClub upgraded shares of BPC Acquisition Corp from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of BPC Acquisition Corp from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a report on Tuesday, October 3rd. Royal Bank Of Canada restated a “buy” rating and issued a $63.00 target price on shares of BPC Acquisition Corp in a report on Wednesday, July 12th. Finally, Barclays PLC raised their target price on shares of BPC Acquisition Corp from $65.00 to $71.00 and gave the stock an “overweight” rating in a report on Monday, August 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $64.08.

BPC Acquisition Corp (NYSE:BERY) last released its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.10. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.94 billion. BPC Acquisition Corp had a net margin of 4.49% and a return on equity of 76.66%. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 earnings per share.

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About BPC Acquisition Corp

Berry Global Group, Inc, formerly Berry Plastics Group, Inc, is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. The Company offers products, such as closures, prescription vials, specialty films, adhesives, nonwovens, drink cups, containers and bottles.

Insider Buying and Selling by Quarter for BPC Acquisition Corp (NYSE:BERY)

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