Zacks Investment Research announced Ball Corporation (NYSE:BLL), raising its target price to $89.00 today
- Updated: October 5, 2016
Yesterday Ball Corporation (NYSE:BLL) traded 0.06% higher at $79.55. The company’s 50-day moving average is $79.55 and its 200-day moving average is $74.27. With the last stock price close up 7.01% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 745,791 shares of BLL changing hands under the typical 1,808,720
Ball Corporation (NYSE:BLL) had its target price raised to $89.00 by Zacks Investment Research in a report released 10/5/2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.
Previously on 08/05/2016, Jefferies & Co reported about Ball Corporation (NYSE:BLL) raised the target price from $86.00 to $94.00. At the time, this indicated a possible upside of 0.19%.
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Ball Corporation has a price-earnings ratio of 36.63 with a one year low of $62.30 and a one year high of $82.24 BLL’s total market value is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $79.67 with 3 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Ball Corporation (NYSE:BLL)
Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company's packaging products are produced for a range of end uses and are manufactured in facilities around the world. The Company operates in four segments: metal beverage packaging, Americas and Asia; metal beverage packaging, Europe; metal food and household products packaging, and aerospace and technologies. Its product lines include aluminum and steel beverage containers. The Company also produces steel food, aerosol, paint, general line and decorative specialty containers, as well as extruded aluminum aerosol and beverage containers and aluminum slugs. The Company sells its packaging products to multinational beverage, food, personal care and household products companies. Its aerospace business is engaged in the designing, development and manufacturing of aerospace systems for civil, commercial and national security aerospace markets.
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