Ball Corporation (NYSE:BLL): The stock price is expected to reach $ 83.33 in the short term. The number of analysts agreeing with this consensus is 3. The higher estimate for the short term price target is at $86 while the lower estimate is at $79. The standard deviation of the price stands at $3.79.
Many analysts have stated their opinion on the company shares. JP Morgan upgrades its rating on Ball Corporation (NYSE:BLL). The global brokerage major maintains a current price target of $79 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The shares were previously rated Neutral. The rating by the firm was issued on March 31, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities,The officer (SVP & COO Global MF & HHP Pkg) of Ball Corp, Peterson James N sold 2,000 shares at $72.55 on May 12, 2016. The Insider selling transaction had a total value worth of $145,100. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Ball Corporation (NYSE:BLL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.66 points or 2.25% at $72.02 with 1,396,256 shares getting traded. Post opening the session at $73.09, the shares hit an intraday low of $71.88 and an intraday high of $73.2 and the price was in this range throughout the day. The company has a market cap of $10,208 million and the number of outstanding shares have been calculated to be 141,732,650 shares. The 52-week high of Ball Corporation (NYSE:BLL) is $76.69 and the 52-week low is $57.95.
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.