AEP INDS (AEPI) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of AEP INDS (AEPI) from OUTPERFORM to NEUTRAL on June 04, 2012, with a target price of $38.20.

AEP Industries Inc. is a manufacturer of plastic packaging films. They manufacture both commodity films, which are made to general specifications, and specialty films, which are made to customer specifications. The films are used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, construction, agriculture and textile industries.

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