RBC Capital analyst Arun Viswanathan reiterated a Buy rating on Ball Corp (NYSE: BLL) yesterday and set a price target of $47. The company’s shares opened today at $41.22.
According to TipRanks.com, Viswanathan is a 4-star analyst with an average return of 9.3% and a 61.6% success rate. Viswanathan covers the Consumer Goods sector, focusing on stocks such as Sherwin-Williams Company, Westlake Chemical Corp, and Axalta Coating Systems.
Ball Corp has an analyst consensus of Moderate Buy, with a price target consensus of $45.50.
See today’s analyst top recommended stocks >>
The company has a one-year high of $43.24 and a one-year low of $34.71. Currently, Ball Corp has an average volume of 2.6M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ball Corp. provides metal packaging for beverages, foods and household products, and of aerospace and other technologies and services to commercial and governmental customers. It operates through the following business segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; Food and Aerosol Packaging; and Aerospace. The Beverage Packaging, North and Central America segment sold under multi-year supply contracts to fillers of carbonated soft drinks, beer, energy drinks and other beverages. The Beverage Packaging, South America segment sales volumes of beverage containers in South America, and manufacture substantially all of the metal beverage containers in Brazil. The Beverage Packaging, Europe segment sales volumes of metal beverage containers in Europe, and other packaging materials used by the European beer and carbonated soft drink industries. The Food and Aerosol Packaging segment produces two-piece and three-piece steel food containers and ends for packaging vegetables, fruit, soups, meat, seafood, nutritional products, pet food and other products, and also manufactures and sells steel aerosol containers, as well as extruded aluminum aerosol containers and aluminum slugs. The Aerospace segment provides diversified technical services and products to government agencies, prime contractors and commercial organizations for a broad range of information warfare, electronic warfare, avionics, intelligence, training and space system needs. The company was founded by Edmund Burke Ball, Frank Clayton Ball, George A. Ball, Lucius Lorenzo Ball and William Charles Ball in 1880 and is headquartered in Broomfield, CO.
