In a report issued on June 22, Ghansham Panjabi from Robert W. Baird maintained a Hold rating on Ball (BALL – Research Report), with a price target of $80.00. The company’s shares closed last Monday at $70.80.
According to TipRanks.com, Panjabi is a 5-star analyst with an average return of 7.4% and a 55.9% success rate. Panjabi covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Axalta Coating Systems, and H.B. Fuller Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ball with a $87.33 average price target.
Ball’s market cap is currently $22.89B and has a P/E ratio of 20.94.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BALL in relation to earlier this year.
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.
Colorado-based Ball Corp. was founded in 1880 and provides aluminum packaging products to the beverage, personal care, automotive, paint, healthcare, and household products industries. It operates in four segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; and Aerospace.
Read More on BALL:
- Susquehanna Thinks Micron’s Stock is Going to Recover
- Sensient Technologies (SXT) Receives a Hold from Robert W. Baird
- RPM International (RPM) Receives a Hold from Robert W. Baird
- AptarGroup (ATR) Gets a Hold Rating from Robert W. Baird
- Robert W. Baird Sticks to Their Buy Rating for International Flavors & Fragrances (IFF)