|Last Price$24.24||Day Change (%)0.25%|
|Open Price$24.24||Day Change ($)0.06|
|Day Range24.24–24.24||52-Week Range21.90–24.24|
As of Thu 05/25/2017 | USD
It's time for the company to focus on packaging and shed the remaining noncore businesses.
We expect to raise our fair value estimates but don't anticipate changing either company's no-moat rating following news of the deal.
Managers Ed Meigs and Giorgio Caputo apply First Eagle's conservative, wide-ranging framework to the income space.
Pharma dispensing systems and excellent management have brought success.
This well-run but relatively unknown packaging company deserves attention.
With fewer M&A opportunities, we think industry buyback activity will increase through 2017.