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BMO Initiates Tupperware with an “Outperform” Rating (TUP)
BMO Capital reported on Wednesday that it has initiated coverage of kitchen product company, Tupperware Brands Corporation (TUP
).
The firm has begun coverage of TUP with a “Outperform” rating and a $90 price target. This price target suggests a 13% upside from the stock’s current price of $78.04.
Analysts see the company returning over 20% in the next year, which would includes its 3.3% dividend yield.
Tupperware shares were up 83 cents, or 1.08% during Wednesday morning trading. The stock has increased 21% in the past year.
The Bottom Line
Shares of Tupperware Brands Corporation (TUP) have a 3.21% yield, based on Tuesday’s closing price of $77.20.
Tupperware Brands Corporation (TUP) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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