Barclays (LON:BARC) analyst Michael Leithead maintained a Hold rating on Ardagh Group SA (NYSE:ARD) on Thursday, setting a price target of $18, which is approximately 10.23% above the present share price of $16.33.
Leithead expects Ardagh Group SA to post earnings per share (EPS) of -$0.27 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Ardagh Group SA, with an average price target of $17.1.
The analysts price targets range from a high of $20 to a low of $13.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.61 billion and a net profit of $97 million. The company's market cap is $3.32 billion.
According to TipRanks.com, Barclays analyst Michael Leithead is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.6% and a 51.52% success rate.
Ardagh Group SA engages in the provision of packaging solutions for food and beverage markets. The firms products include metal beverage cans, as well as glass containers primarily for beverage and food markets. It operates through the following segments: Metal Beverage Packaging (NYSE:PKG) Europe, Metal Beverage Packaging Americas, Glass Packaging Europe, and Glass Packaging North America. The company was founded in 1932 and is headquartered in Luxembourg.