Vertical Research Upgrades Ball Corporation to Buy

Brokerage firm Vertical Research Upgrades its rating on Ball Corporation(BLL). The shares have been rated Buy. Previously, the analysts had a Hold rating on the shares. The rating by Vertical Research was issued on Feb 3, 2017.

Ball Corporation (BLL) shares turned negative on Tuesdays trading session with the shares closing down -0.32 points or -0.44% at a volume of 16,50,972. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $73.24. The peak price level was also seen at $73.24 while the days lowest was $72.13. Finally the shares closed at $72.62. The 52-week high of the shares is $82.24 while the 52-week low is $62.3. According to the latest information available, the market cap of the company is $12,694 M.

Ball Corporation(BLL) last announced its earnings results on Feb 2, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $2.516B. Analysts had an estimated revenue of $2.540B. Earnings per share were $0.87. Analysts had estimated an EPS of $0.84.

Several Insider Transactions has been reported to the SEC. On Aug 22, 2016, Cynthia A Niekamp (director) purchased 3,000 shares at $80.37 per share price.Also, On Aug 17, 2016, James N Peterson (SVP & COO Global MF & HHP Pkg) sold 3,870 shares at $79.89 per share price.On Aug 12, 2016, George M Smart (director) purchased 3,000 shares at $80.14 per share price, according to the Form-4 filing with the securities and exchange commission.

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.

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