AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
https://www.tipranks.com/news/the-fly/ball-corp-price-target-lowered-to-75-from-77-at-rbc-capital RBC Capital analyst Arun Viswanathan lowered the firm’s price target on Ball Corp. to $75 from $77 and keeps an Outperform rating on the shares as part of a broader research note previewing Q3 results for Packaging names. The firm is citing the latest Circana data for the 4-week period ending September 22nd that shows some softening of low single digits in General Food and some North America Beverage categories but flat to up in Home/Beauty/Frozen, the analyst tells investors in a research note. Alcoholic beverage volumes were overall down, though beer packaging “appears flat”, RBC adds, stating that it is reducing its EBITDA estimates across most names due weaker volume trends and that it sees most flat or slightly up volume categories as being driven by slightly higher promotional activity. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on BALL: Ball Corp. price target raised to $63 from $61 at Wells Fargo Carpenter Technology appoints Ball Corp. CFO Howard Yu to board Ball Corp. price target raised to $69 from $66 at Citi Early notable gainers among liquid option names on September 4th Ardagh Metal Packaging price target raised to $3.60 from $3.50 at Morgan Stanley View comments
Ball Corp. price target lowered to $75 from $77 at RBC Capital
October 18, 2024 01:11 PM BST | By EODHD
