Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Berry Global Group Inc (NYSE: BERY) weakened during the last several trading days. BERY’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Berry Global Group Inc (NYSE: BERY) stock increased 1.1% on 11/22/24. The shares closed at $71.71. Moreover, this advance was accompanied by exceptionally high trading volume at 208% of normal. The stock has been strong relative to the market over the last nine months and has risen 8.1% during the last week.
Current PriceTarget Research Rating
Berry Global Group has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Berry Global Group has a neutral Appreciation Score of 50 but a good Power Rating of 75, producing the High Neutral Value Trend Rating.
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