the Rubicon Project, Inc. (RUBI) Reaches $1.78 1 Year Low; Berry Plastics Group (BERY)’s Sentiment Is 0.92

December 7, 2017 - By Dolores Ford

The stock of the Rubicon Project, Inc. (NYSE:RUBI) hit a new 52-week low and has $1.64 target or 8.00% below today’s $1.78 share price. The 5 months bearish chart indicates high risk for the $87.33 million company. The 1-year low was reported on Dec, 7 by Barchart.com. If the $1.64 price target is reached, the company will be worth $6.99 million less. The stock increased 1.71% or $0.03 during the last trading session, reaching $1.78. About 64,853 shares traded. the Rubicon Project, Inc. (NYSE:RUBI) has declined 63.90% since December 7, 2016 and is downtrending. It has underperformed by 80.60% the S&P500.

Berry Global Group, Inc. manufactures and distributes plastic consumer packaging and engineered materials in the United States, Canada, Mexico, Belgium, France, Spain, the United Kingdom, Italy, Germany, Australia, Brazil, Argentina, Colombia, Malaysia, India, China, and the Netherlands. The company has market cap of $7.89 billion. The firm operates through three divisions: Health, Hygiene & Specialties; Consumer Packaging; and Engineered Materials. It has a 23.54 P/E ratio. It offers containers; foodservice products, such as thermoformed polypropylene and injection-molded plastic drink cups; closures and over caps comprising continuous-thread and child-resistant closures, as well as aerosol over caps; bottle and prescription containers; and extruded and laminate tubes.

Lonestar Capital Management Llc holds 6.84% of its portfolio in Berry Global Group, Inc. for 400,000 shares. Newbrook Capital Advisors Lp owns 1.27 million shares or 5.79% of their US portfolio. Moreover, Canyon Capital Advisors Llc has 5.23% invested in the company for 5.55 million shares. The New York-based Lomas Capital Management Llc has invested 3.51% in the stock. Ksa Capital Management Llc, a New Jersey-based fund reported 10,000 shares.

The stock decreased 0.17% or $0.1 during the last trading session, reaching $60.25. About 63,112 shares traded. Berry Global Group, Inc. (BERY) has risen 47.68% since December 7, 2016 and is uptrending. It has outperformed by 30.98% the S&P500.

Ratings analysis reveals 60% of Berry Plastics’s analysts are positive. Out of 5 Wall Street analysts rating Berry Plastics, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $52.0 while the high is $60.0. The stock’s average target of $55.33 is -8.17% below today’s ($60.25) share price. BERY was included in 5 notes of analysts from September 13, 2016. The stock of Berry Global Group, Inc. (NYSE:BERY) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 30. Jefferies initiated Berry Global Group, Inc. (NYSE:BERY) rating on Thursday, October 13. Jefferies has “Buy” rating and $52.0 target. The firm has “Sector Weight” rating given on Wednesday, November 30 by KeyBanc Capital Markets. On Monday, December 5 the stock rating was downgraded by Macquarie Research to “Neutral”. The stock of Berry Global Group, Inc. (NYSE:BERY) has “Overweight” rating given on Tuesday, September 13 by JP Morgan.

Among 11 analysts covering Rubicon Project (NYSE:RUBI), 1 have Buy rating, 2 Sell and 8 Hold. Therefore 9% are positive. Rubicon Project had 25 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by Jefferies with “Buy” on Thursday, December 17. Suntrust Robinson initiated the Rubicon Project, Inc. (NYSE:RUBI) rating on Tuesday, December 22. Suntrust Robinson has “Buy” rating and $22 target. Jefferies maintained the stock with “Buy” rating in Thursday, August 4 report. On Thursday, March 16 the stock rating was downgraded by Jefferies to “Hold”. The firm earned “Neutral” rating on Tuesday, September 26 by Citigroup. The stock has “Market Perform” rating by Albert Fried on Friday, September 30. The stock has “Neutral” rating by B. Riley & Co on Wednesday, March 15. The firm earned “Neutral” rating on Thursday, August 4 by Citigroup. As per Thursday, November 3, the company rating was downgraded by Albert Fried. Morgan Stanley initiated the Rubicon Project, Inc. (NYSE:RUBI) on Tuesday, January 26 with “Equal-Weight” rating.

Analysts await the Rubicon Project, Inc. (NYSE:RUBI) to report earnings on March, 13. They expect $-0.16 earnings per share, down 166.67% or $0.40 from last year’s $0.24 per share. After $-0.24 actual earnings per share reported by the Rubicon Project, Inc. for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

The Rubicon Project, Inc., a technology company, engages in automating the purchasing and selling of advertising. The company has market cap of $87.33 million. The firm offers advertising automation platform that creates and powers a marketplace for buyers and sellers to readily buy and sell advertising at scale. It currently has negative earnings. The Company’s advertising automation platform features applications and services for digital advertising sellers, including Websites, mobile applications, and other digital media properties to sell their advertising inventory; applications and services for buyers comprising advertisers, agencies, agency trading desks, demand side platforms, and ad networks to buy advertising inventory; and a marketplace over which such transactions are executed.

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