Ardagh Metal Packaging (AMBP) to Release Quarterly Earnings on Thursday

Ardagh Metal Packaging (NYSE:AMBP - Get Free Report) is projected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Ardagh Metal Packaging to post earnings of $0.02 per share and revenue of $1.14 billion for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Ardagh Metal Packaging Trading Up 0.2 %

Shares of AMBP stock traded up $0.01 during mid-day trading on Friday, reaching $2.74. The stock had a trading volume of 1,433,988 shares, compared to its average volume of 952,608. Ardagh Metal Packaging has a 1-year low of $2.50 and a 1-year high of $4.26. The business's fifty day moving average is $2.82 and its 200-day moving average is $3.35. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of -22.79, a PEG ratio of 0.53 and a beta of 0.64.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. UBS Group dropped their price objective on shares of Ardagh Metal Packaging from $4.25 to $2.75 and set a "neutral" rating on the stock in a report on Friday, January 10th. Bank of America lowered Ardagh Metal Packaging from a "buy" rating to an "underperform" rating and reduced their price objective for the company from $4.90 to $4.00 in a research note on Wednesday, December 11th. Citigroup lowered their target price on Ardagh Metal Packaging from $4.50 to $4.00 and set a "buy" rating on the stock in a research note on Monday, January 6th. Morgan Stanley upgraded Ardagh Metal Packaging from an "underweight" rating to an "equal weight" rating and reduced their price target for the company from $3.60 to $3.10 in a research report on Monday, January 13th. Finally, Wells Fargo & Company restated an "equal weight" rating and issued a $3.35 price objective (down previously from $3.60) on shares of Ardagh Metal Packaging in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $3.37.

Ardagh Metal Packaging Company Profile

Ardagh Metal Packaging SA, together with its subsidiaries, supplies consumer metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine.