Investment analysts at BMO Capital Markets decreased their price target on shares of Tupperware Brands Corp. (NYSE:TUP) from $91.00 to $88.00 in a note issued to investors on Thursday, AmericanBankingNews.com reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would suggest a potential downside of 1.75% from the company’s current price.
A number of other firms have also recently commented on TUP. Analysts at Bank of America Corp. downgraded shares of Tupperware Brands Corp. to a “neutral” rating in a research note to investors on Wednesday. Analysts at Argus raised their price target on shares of Tupperware Brands Corp. from $94.00 to $98.00 in a research note to investors on Thursday, August 8th. They now have a “buy” rating on the stock. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $85.57.
Shares of Tupperware Brands Corp. (NYSE:TUP) traded up 0.86% on Thursday, hitting $89.57. The stock had a trading volume of 655,573 shares. Tupperware Brands Corp. has a one year low of $52.36 and a one year high of $88.18. The stock has a 50-day moving average of $84.32 and a 200-day moving average of $81.29. The company has a market cap of $4.632 billion and a price-to-earnings ratio of 19.05.
Tupperware Brands Corp. (NYSE:TUP) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by $0.03. The company had revenue of $603.00 million for the quarter, compared to the consensus estimate of $622.85 million. During the same quarter in the previous year, the company posted $0.95 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis.
Tupperware Brands Corporation (NYSE:TUP) is a global direct seller of products across multiple brands and categories through an independent sales force of 2.
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