Ball Corporation with ticker code (BLL) have now 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 116 and 85 calculating the average target price we see 101.88. Now with the previous closing price of 87.06 this would indicate that there is a potential upside of 17.0%. There is a 50 day moving average of 90.9 while the 200 day moving average is 89.51. The company has a market capitalisation of $27,712m. Company Website: https://www.ball.com
The potential market cap would be $32,430m based on the market concensus.
Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. It operates through four segments: Beverage Packaging, North and Central America; Beverage Packaging, Europe, Middle East and Africa; Beverage Packaging, South America; and Aerospace. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages. It also develops spacecraft, sensors and instruments, radio frequency systems, and other technologies and products for the civil, commercial, and national security aerospace markets, as well as offers defense hardware, antenna and video tactical solutions, civil and operational space hardware, and systems engineering services. In addition, the company designs, manufactures, and tests satellites, remote sensors, and ground station control hardware and software; and provides launch vehicle integration and satellite operational services. Further, it provides target identification, warning, and attitude control systems and components; cryogenic systems and associated sensor cooling devices; star trackers; and fast-steering mirrors to the government agencies and prime contractors. Additionally, the company manufactures and sells extruded aluminum aerosol containers, aluminum cups, and aluminum slugs. Ball Corporation was founded in 1880 and is headquartered in Westminster, Colorado.