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Shares of Bemis Company (NYSE:BMS) have received an average rating of “Hold” from the seven analysts that are covering the company, AnalystRatingsNetwork reports. One investment analyst has rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $41.00.

A number of analysts have recently weighed in on BMS shares. Analysts at BMO Capital Markets initiated coverage on shares of Bemis Company in a research note on Wednesday. They set a “market perform” rating and a $39.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Bemis Company in a research note on Monday, July 28th. They now have a $42.00 price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Bemis Company in a research note on Friday, July 25th. They now have a $39.00 price target on the stock, up previously from $36.00.

Bemis Company (NYSE:BMS) traded down 0.12% during mid-day trading on Thursday, hitting $40.66. 72,619 shares of the company’s stock traded hands. Bemis Company has a 52 week low of $37.01 and a 52 week high of $41.58. The stock’s 50-day moving average is $39.99 and its 200-day moving average is $40.07. The company has a market cap of $4.061 billion and a price-to-earnings ratio of 18.59.

Bemis Company (NYSE:BMS) last announced its earnings results on Thursday, July 24th. The company reported $0.65 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.64 by $0.01. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the company posted $0.61 earnings per share. Bemis Company’s revenue was down 4.3% compared to the same quarter last year. On average, analysts predict that Bemis Company will post $2.50 earnings per share for the current fiscal year.

Bemis Company, Inc is a manufacturer of packaging products and pressure sensitive materials. The Company’s business activities are organized around its three reportable business segments, U.

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