Short Term Price Target on Ball Corporation (BLL)

Ball Corporation (NYSE:BLL) : Currently there are 3 street experts covering Ball Corporation (NYSE: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 has dropped 1.69% in the last five trading days, however, the shares have posted positive gains of 0.51% in the last 4 weeks. Ball Corporation is up 1.13% in the last 3-month period. Year-to-Date the stock performance stands at -0.23%.

Ball Corporation (NYSE:BLL) has an average broker rating of 1.4, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Ball Corporation (NYSE:BLL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.19 and $70.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.38. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.29, notching a gain of 1.26% for the day. The total traded volume was 8,599,118 . The stock had closed at $71.39 on the previous day.

In an insider trading activity, Peterson James N, officer (SVP & COO Global MF & HHP Pkg) of Ball Corp, unloaded 2,000 shares at an average price of $72.55 on May 12, 2016. The total amount of the transaction was worth $145,100, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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