Ball Corporation (BLL) : Analyst Rating Update

Ball Corporation (BLL) : The consensus on Ball Corporation (BLL) based on 5 analyst recommendation on the company stock is 1.4, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Ball Corporation (BLL) : Currently there are 3 street experts covering Ball Corporation (BLL) stock. The most bullish and bearish price target for the stock is $86 and $79 respectively for the short term. The average price target of all the analysts comes to $83.33. The estimated standard deviation from the target is $3.79.

Ball Corporation (NYSE:BLL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.09 and $69.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $70.33, notching a gain of 0.40% for the day. The total traded volume was 7,347,672 . The stock had closed at $70.05 on the previous day.

The company shares have rallied 0.60% from its 1 Year high price. On Apr 25, 2016, the shares registered one year high at $76.69 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $72.14 and the 200 Day Moving Average price is recorded at $70.45.

Ball Corporation (Ball) is a supplier of metal packaging to the beverage, food, personal care and household products industries. The Company operates in four segments. The metal beverage packaging, Americas and Asia segment consists of operations in the United States, Canada, Brazil and the PRC, which manufacture aluminum containers used in beverage packaging. . The metal beverage packaging, Europe segment consists of operations in Europe, which manufacture and sell metal beverage containers. The metal food and household products packaging segment consists of operations in the United States, Europe, Canada, Mexico and Argentina that manufacture and sell metal food, aerosol, paint, general line and extruded aluminum containers, decorative specialty containers and aluminum slugs. The aerospace and technologies segment consists of the manufacture and sale of aerospace and other related products and services provided for the defense, civil space and commercial space industries.

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