BERY Price Prediction Next Week
Analysis and Insights
Based on the analysis of news sentiment and technical indicators, here is the prediction for Berry Global (BERY) stock price for the next trading week:
News Sentiment Analysis:
- The merger approval with Amcor is expected to generate significant synergies and drive long-term value for shareholders.
- Truist has raised the price target for BERY to $76 from $74, indicating positive sentiment from analysts.
Technical Indicators Analysis:
- Current price: $73.68
- RSI (14): 63.30 (neutral)
- MACD: 0.86 (bullish signal)
- Fibonacci resistance levels: $73.28, $74.02, $75.20
- Fibonacci support levels: $72.10, $70.92, $69.00
Price Prediction:
- Target Price: $74.50
- Recommendation: Buy at current levels with a target of $74.50 and stop-loss at $72.00.
BERY Similar Chart Price Prediction
The price of BERY is predicted to go up 14.99%, based on the high correlation periods with TRIP. The similarity of these two price pattern on the periods is 94.88%.
BERY
TRIP
Up: 14.99%Similarity: 94.88%
BERY Revenue Forecast
BERY EPS Forecast
BERY FAQs
What is BERY revenue forecast for next quarter？
What is BERY eps forecast for next quarter？
BERY Analyst's Forecast
Joshua Spector
UBS
Hold
2025-01-10
Price Target
$75 → $72
Upside
+9.88%
UBS lowered the firm's price target on Berry Global to $72 from $75 and keeps a Neutral rating on the shares. The firm expects Q4 earnings for North America Chemicals and Packaging to be challenging, but with the sector on average down 10% over the last month, this negativity may already be priced in, the analyst tells investors in a research note.
Michael Roxland
Truist Securities
Hold
2025-01-06
Price Target
$72 → $74
Upside
+13.34%
Michael Leithead
Barclays
Hold
2024-11-27
Price Target
$64 → $75
Upside
+4.79%
