Wells Fargo Maintains Overweight Rating for AptarGroup: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of AptarGroup ATR and lower its price target from $150.00 to $125.00.

Shares of AptarGroup are trading down 0.4% over the last 24 hours, at $99.61 per share.

A move to $125.00 would account for a 25.49% increase from the current share price.

About AptarGroup

Headquartered in Crystal Lake, Illinois, AptarGroup is a leading global supplier of dispensing systems such as aerosol valves, pumps, and closures to the consumer goods and pharmaceutical markets. With the bulk of its annual net sales coming from Europe (50% of sales) and the United States (33%), Aptar aims to increase its presence in Asia (10%) and Latin America (7%). Aptar's pharmaceutical division generates roughly one third of group sales but over two thirds of group profits.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.