Expert Outlook: Pactiv Evergreen Through The Eyes Of 9 Analysts
Portfolio Pulse from Benzinga Insights
Pactiv Evergreen (NASDAQ:PTVE) has been analyzed by 9 analysts, showing a diverse range of perspectives with an average 12-month price target of $15.94, indicating a 26.71% increase from the previous target. The company operates in foodservice and beverage cartons, facing revenue challenges but showing strong profitability and effective cost management. Analysts' ratings and price targets have been adjusted based on recent developments and financial performance.
March 04, 2024 | 7:00 pm
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Pactiv Evergreen has received diverse analyst ratings with an updated average 12-month price target of $15.94, reflecting a positive outlook despite recent revenue challenges.
The diverse analyst ratings with a significant increase in the average 12-month price target suggest a positive outlook for PTVE. Despite facing revenue challenges, the company's strong profitability and effective cost management are likely to support its stock price in the short term. The detailed analysis by analysts, including adjustments to ratings and price targets, indicates a thorough evaluation of the company's recent developments and financial performance, which could influence investor sentiment positively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100