Sidoti lowered shares of Tupperware Brands (NYSE: TUP) to a neutral rating in a research report released on Wednesday morning.
Several other analysts have also recently commented on the stock. Analysts at Argus raised their price target on shares of Tupperware Brands from $72.00 to $86.00 in a research note to investors on Wednesday, February 6th. They now have a buy rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Tupperware Brands from $71.00 to $81.00 in a research note to investors on Wednesday, January 30th. They now have an outperform rating on the stock.
Shares of Tupperware Brands opened at 76.32 on Wednesday. Tupperware Brands has a 52 week low of $50.90 and a 52 week high of $79.94. The stock’s 50-day moving average is currently $71.44. The company has a market cap of $4.150 billion and a P/E ratio of 22.32.
The company also recently declared a quarterly dividend, which is scheduled for Friday, April 5th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Monday, March 18th. This is a boost from Tupperware Brands’s previous quarterly dividend of $0.36.
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