RBC Capital analyst Arun Viswanathan maintained a Buy rating on Ardagh Group SA (NYSE:ARD) on Friday, setting a price target of $28, which is approximately 17.01% above the present share price of $23.93.
Viswanathan expects Ardagh Group SA to post earnings per share (EPS) of $0.01 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Ardagh Group SA, with an average price target of $27.67.
The analysts price targets range from a high of $29 to a low of $26.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $1.77 billion and a net profit of $109 million. The company's market cap is $5.66 billion.
According to TipRanks.com, RBC Capital analyst Arun Viswanathan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.3% and a 61.76% 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.