Jefferies Keeps Their Buy Rating on Ball (BALL)

Jefferies analyst Philip Ng maintained a Buy rating on Ball (BALL – Research Report) yesterday and set a price target of $80.00. The company’s shares closed yesterday at $55.18.

Ng covers the Consumer Cyclical sector, focusing on stocks such as International Paper Co, Ball, and Pactiv Evergreen. According to TipRanks, Ng has an average return of 9.9% and a 57.40% success rate on recommended stocks.

In addition to Jefferies, Ball also received a Buy from RBC Capital’s Arun Viswanathan in a report issued yesterday. However, on January 17, Wells Fargo downgraded Ball (NYSE: BALL) to a Sell.

Based on Ball’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.08 billion and a net profit of $197 million. In comparison, last year the company earned a revenue of $3.11 billion and had a net profit of $203 million

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BALL in relation to earlier this year. Most recently, in November 2024, Daniel William Fisher, the Chairman & C.E.O of BALL sold 5,802.00 shares for a total of $346,785.54.

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Ball (BALL) Company Description:

Colorado-based Ball Corp. was founded in 1880 and provides aluminum packaging products to the beverage, personal care, automotive, paint, healthcare, and household products industries. It operates in four segments: Beverage Packaging, North and Central America; Beverage Packaging, South America; Beverage Packaging, Europe; and Aerospace.