BMO Capital analyst Mark Wilde maintained a Hold rating on Ball Corp (NYSE:BLL). on Thursday, setting a price target of $70, which is approximately 17.25% below the present share price of $84.59.
Wilde expects Ball Corp. to post earnings per share (EPS) of $0.29 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Ball, with an average price target of $78.38.
The analysts price targets range from a high of $86 to a low of $70.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $2.8 billion and a net profit of $290 million. The company's market cap is $27.62 billion.
According to TipRanks.com, BMO Capital analyst Mark Wilde is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.6% and a 71.08% success rate.
Ball Corp. provides metal packaging for beverages, foods and household products. It operates through the following business segments: Beverage Packaging (NYSE:PKG), North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; and Aerospace. The Beverage Packaging, North and Central America segment sold under multi-year supply contracts to fillers of carbonated soft drinks, beer, energy drinks and other beverages. The Beverage Packaging, South America segment sales volumes of beverage containers in South America, and manufacture substantially all of the metal beverage containers in Brazil. The Beverage Packaging, Europe segment sales volumes of metal beverage containers in Europe, and other packaging materials used by the European beer and carbonated soft drink industries. The Aerospace segment provides diversified technical services and products to government agencies, prime contractors and commercial organizations for a broad range of information warfare, electronic warfare, avionics, intelligence, training and space system needs. The company was founded by Edmund Burke Ball, Frank Clayton Ball, George A. Ball, Lucius Lorenzo Ball and William Charles Ball in 1880 and is headquartered in Broomfield, CO.