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.
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