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Pactiv Evergreen Inc has a consensus price target of $13.8 based on the ratings of 10 analysts. The high is $18 issued by Jefferies on January 19, 2024. The low is $11 issued by Mizuho on May 10, 2023. The 3 most-recent analyst ratings were released by UBS, RBC Capital, and Baird on August 8, 2024, August 7, 2024, and August 2, 2024, respectively. With an average price target of $13.33 between UBS, RBC Capital, and Baird, there's an implied 2.56% upside for Pactiv Evergreen Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Pactiv Evergreen (NASDAQ:PTVE) was reported by UBS on August 8, 2024. The analyst firm set a price target for $15.00 expecting PTVE to rise to within 12 months (a possible 15.38% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Pactiv Evergreen (NASDAQ:PTVE) was provided by UBS, and Pactiv Evergreen maintained their buy rating.
The last upgrade for Pactiv Evergreen Inc happened on January 3, 2024 when Citigroup raised their price target to $16. Citigroup previously had a neutral for Pactiv Evergreen Inc.
The last downgrade for Pactiv Evergreen Inc happened on April 14, 2022 when B of A Securities changed their price target from N/A to $13 for Pactiv Evergreen Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pactiv Evergreen, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pactiv Evergreen was filed on August 8, 2024 so you should expect the next rating to be made available sometime around August 8, 2025.
While ratings are subjective and will change, the latest Pactiv Evergreen (PTVE) rating was a maintained with a price target of $16.00 to $15.00. The current price Pactiv Evergreen (PTVE) is trading at is $13.00, which is out of the analyst’s predicted range.
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