How Will AptarGroup (NYSE:ATR) Stock React To Jefferies New Ratings Coverage and $83.0 Target?

Share with your friends


Jefferies Co Analyst Rating Change AptarGroup NYSE:ATR

AptarGroup (NYSE:ATR) Price Target & New Coverage by Jefferies

Jefferies sent to investors in an analysts report that it has started coverage on AptarGroup (NYSE:ATR) stock, with Hold rating and a $83.0 TP.

The new coverage is welcomed by equity traders, as NYSE:ATR is currently trading 0.79% higher at $75.66 as of 04:01 New York time. AptarGroup shares have risen 2.65% in the past 200 days, while the Standard & Poor’s 500 index has gained 4.02% in the same time period.

NYSE:ATR Price Chart & Trend

The stock price of AptarGroup has increased 2.65% over the last 200 days, and is in very weak up trend. In the last 50 and 100 days, AptarGroup is down 1.24% and up 0.44%, respectively. Our stocks momentum model is shown on the price chart below.How Will AptarGroup (NYSE:ATR) Stock React To Jefferies New Ratings Coverage and $83.0 Target?

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

Institutional Ownership

Morgan Dempsey Capital Management Llc had the largest stake with ownership of 232,763 shares as of q2 2015 for 3.98% of the stocks portfolio. Sg Capital Management Llc is another quite bullish institutional investor who is possessing 236,220 shares of AptarGroup or 3.78% of their stocks portfolio. In addition, Fidgeon Timothy F have 3.08% of their stocks portfolio invested in the company for 108,975 shares. The Massachusetts-based fund Fayerweather Charles revealed it had bought a stake worth about 3.03% of the institutional investor’s stock portfolio in AptarGroup. The California-based fund Cornerstone Capital Inc. is also positive about the stock, possessing 18,725 shares or 2.8% of their stocks portfolio.Over the last 6 months, AptarGroup NYSE:ATR has seen 0 insider purchases, and 1 insider selling transaction. The net result was for 1 transaction, worth $1.91M.

AptarGroup (NYSE:ATR) Profile

Aptargroup IncAptarGroup, Inc. is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer healthcare, injectables, food and beverage markets. The Company has manufacturing facilities located in North America, Europe, Asia and South America. The Company’s segments include Beauty + Home, Pharma and Food + Beverage.

AptarGroup (NYSE:ATR) traded up 0.79% on 13 October, hitting $75.66. A total of shares of the company’s stock traded hands. This is down from average of 255,769 shares. AptarGroup has a 52 week low of $66.33 and a 52 week high of $81.5. The company has a market cap of $4.71B and a P/E ratio of 24.5.

Get the latest AptarGroup (NYSE:ATR) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

AptarGroup - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.