Truist downgraded Berry Global from Buy to Hold and set a new price target of $68.00 from $75.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/25/2024 | $76.00 | Neutral | Citigroup |
| 11/25/2024 | $70.00 → $76.00 | Overweight | Analyst |
| 11/22/2024 | $75.00 | Buy → Neutral | UBS |
| 9/4/2024 | $76.00 | Equal-Weight | Morgan Stanley |
| 4/16/2024 | $68.00 → $65.00 | Outperform → Neutral | Robert W. Baird |
| 3/27/2024 | $75.00 → $68.00 | Buy → Hold | Truist |
| 3/15/2024 | $72.00 → $62.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 3/1/2024 | Peer Perform | Wolfe Research |
Citigroup resumed coverage of Berry Global with a rating of Neutral and set a new price target of $76.00
Analyst resumed coverage of Berry Global with a rating of Overweight and set a new price target of $76.00 from $70.00 previously
UBS downgraded Berry Global from Buy to Neutral and set a new price target of $75.00
4 - BERRY GLOBAL GROUP, INC. (0001378992) (Issuer)
4 - BERRY GLOBAL GROUP, INC. (0001378992) (Issuer)
4 - BERRY GLOBAL GROUP, INC. (0001378992) (Issuer)
EFFECT - BERRY GLOBAL GROUP, INC. (0001378992) (Filer)
8-K - BERRY GLOBAL GROUP, INC. (0001378992) (Filer)
424B3 - BERRY GLOBAL GROUP, INC. (0001378992) (Filer)
Berry Global Group, Inc. (NYSE:BERY) ("Berry") announced today the commencement by Berry Global, Inc., Berry's wholly owned subsidiary (the "Issuer"), of an offer to exchange up to $800,000,000 of the Issuer's new 5.650% First Priority Senior Secured Notes due 2034 and up to $800,000,000 of the Issuer's new 5.800% First Priority Senior Secured Notes due 2031 (collectively, the "Exchange Notes"), for an equal amount of the Issuer's outstanding unregistered 5.650% First Priority Senior Secured Notes due 2034 and unregistered 5.800% First Priority Senior Secured Notes due 2031 (collectively, the "Outstanding Notes"), in a transaction registered under the Securities Act of 1933, as amended. The
For the fourth year in a row, Berry Global Group, Inc. (NYSE:BERY) has received an upgraded environmental, social and governance (ESG) rating from international ratings agency MSCI. Berry Global now carries an "AA" rating from MSCI for managing financially relevant ESG risks and opportunities, making the company a leader in the packaging industry based on MSCI's seven-grade framework and among the top 20% of companies according to MSCI. "We are incredibly proud of our recent upgrade by MCSI to an ‘AA' rating. It's a testament to the hard work from teams across our company over several years and it reinforces that we are positively contributing to a circular, net-zero economy," said Kevin
Combination of Amcor and Berry Global Creates a Compelling Investment Opportunity, With 50%-70% in Potential Upside as Synergies are Realized and Valuation Re-Rates Ancora Holdings Group LLC (collectively with its affiliates, "Ancora") today released its positive investment thesis on Amcor plc (NYSE:AMCR, ASX: AMC)) ("Amcor") that was presented at the Bloomberg Activism Forum by James Chadwick, President of Ancora Alternatives LLC. This follows Amcor's recently announced merger with Berry Global Group, Inc. (NYSE:BERY) ("Berry"), which the companies expect to close in the middle of next year.1 The presentation can be accessed here. Key points from the presentation:2 The combined enti
SC 13G/A - BERRY GLOBAL GROUP, INC. (0001378992) (Subject)
SC 13G/A - BERRY GLOBAL GROUP, INC. (0001378992) (Subject)
SC 13G/A - BERRY GLOBAL GROUP, INC. (0001378992) (Subject)
~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Till to serve as Executive Vice President, Chief Financial Officer & Treasurer ~ Tarun Manroa to serve as Executive Vice President, Chief Operating Officer CHARLOTTE, N.C., April 11, 2024 (GLOBE NEWSWIRE) -- Glatfelter Corporation (NYSE:GLT), a leading global supplier of engineered materials, in anticipation of the previously announced proposed merger of the majority of Berry Global's Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films ("HHNF") business with Glatfelter, is pleased to announce today key leadership appointments, in
Tom Salmon to Remain in Advisory Role Through Year-End Stephen Sterrett, Lead Independent Director, Named Chairman of the Board Berry Global Group, Inc. (NYSE:BERY) ("Berry" or the "Company"), a leading supplier of packaging solutions for consumer goods and industrial products, today announced that its Board of Directors (the "Board") has unanimously elected Kevin Kwilinski as Chief Executive Officer of Berry, effective October 2, 2023. In connection with this appointment, the Board has elected Stephen Sterrett, Lead Independent Director, as Chairman of the Board, also effective on October 2, 2023. As previously announced in February 2023, Tom Salmon will retire from his roles as CEO an
Matthews' appointment bolsters Berry's global commitment to centering D&I as a strategic priority Berry Global Group, Inc. (NYSE:BERY), recently announced the appointment of Anastasia Matthews to the role of Vice President – Global Diversity & Inclusion/Corporate Human Resources. In her new role, Matthews is leading Berry's Executive D&I Council and D&I Global Workgroup in the development and execution of an updated diversity and inclusion strategy. This strategy will seek to advance the company's commitment to fostering an environment that is inclusive of a broad range of cultures, backgrounds, and experiences represented among its employees, customers, and suppliers. This press release f
4 - BERRY GLOBAL GROUP, INC. (0001378992) (Issuer)
4 - BERRY GLOBAL GROUP, INC. (0001378992) (Issuer)
4 - BERRY GLOBAL GROUP, INC. (0001378992) (Issuer)
Strategy Update – New Berry Successful completion of the spin of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business (‘HHNF') and merger with Glatfelter Corporation in early November New Berry emerges as a global leader of consumer-focused packaging solutions with enhanced stability of earnings, free cash flow and growth Fourth Quarter Highlights GAAP: Net sales of $3.2 billion; Operating income of $269 million; Earnings per share of $1.26 Non-GAAP: Operating EBITDA of $546 million; Adjusted earnings per share of $2.27 Organic volume growth of +2% (1% including HHNF) Fiscal Year Highlights GAAP: Net sales of $12.3 billion; Operating income of
Combination of Complementary Businesses Expands Product Offering and Capabilities to Support Higher Growth for Customers Combined R&D and Innovation Investment Accelerates Development of Sustainable Packaging Solutions and Delivers Greater Choice for Customers and Consumers $650 Million Annual Earnings Synergies Benefit Over 35% Adjusted Cash EPS Accretion Companies to Host Investor Conference Call Today at 8:00am U.S. Eastern Time ZURICH and EVANSVILLE, Ind., Nov. 19, 2024 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) and Berry Global Group, Inc. ("Berry") (NYSE:BERY), today announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will c
Berry Global Group, Inc. (NYSE:BERY), announced today that it will release its fourth quarter and fiscal year 2024 results on Wednesday, November 20, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company's results and performance. This call will be webcast live at the Company's website at https://ir.berryglobal.com/financials. A new, simplified event registration and access provides two ways to access the call. By Telephone Participants may register for the call here now or any time up to and during the time of the call, and will immediately receive the dial-in number and a unique pin t