EU: Ardagh Group SA (ARD) Stock Has Just Had Its Buy Rating Reiterated by RBC Capital. Shares now Have a $25.0 Target

January 20, 2018 - By Winifred Garcia

 EU: Ardagh Group SA (ARD) Stock Has Just Had Its Buy Rating Reiterated by RBC Capital. Shares now Have a $25.0 Target

Ardagh Group SA (ARD) Rating Reaffirmed

RBC Capital now has a $25.0 target price on shares of Ardagh Group SA (ARD). The target price would indicate a potential upside of 24.88 % from the last stock close price of Ardagh Group SA (ARD). This rating was revealed to investors in an analyst report on Monday, 30 October.

Ardagh Group S.A. (NYSE:ARD) Ratings Coverage

Among 7 analysts covering Ardagh Group (ARD), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Ardagh Group has $26 highest and $23.0 lowest target. $24.21’s average target is 20.93% above currents $20.02 stock price. Ardagh Group had 11 analyst reports since April 10, 2017 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, October 30 with “Buy”. The stock has “Neutral” rating by JP Morgan on Monday, April 10. Deutsche Bank initiated Ardagh Group S.A. (NYSE:ARD) on Monday, April 10 with “Buy” rating. Goldman Sachs initiated the stock with “Neutral” rating in Monday, April 10 report. The firm has “Outperform” rating given on Tuesday, October 31 by BMO Capital Markets. The company was maintained on Tuesday, October 17 by BMO Capital Markets. The stock of Ardagh Group S.A. (NYSE:ARD) has “Buy” rating given on Wednesday, December 13 by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, April 11 by Citigroup.

The stock decreased 0.30% or $0.06 during the last trading session, reaching $20.02. About 23,327 shares traded. Ardagh Group S.A. (ARD) has 0.00% since January 20, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await Ardagh Group S.A. (NYSE:ARD) to report earnings on January, 25. ARD’s profit will be $51.99 million for 22.75 P/E if the $0.22 EPS becomes a reality. After $0.57 actual earnings per share reported by Ardagh Group S.A. for the previous quarter, Wall Street now forecasts -61.40 % negative EPS growth.

Ardagh Group S.A. manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company has market cap of $4.73 billion. The firm operates in four divisions: Metal Packaging Europe, Metal Packaging Americas, Glass Packaging Europe, and Glass Packaging North America. It has a 15.93 P/E ratio. The Company’s metal packaging products include food and beverage cans, steel and aluminum aerosols, aluminum bottles, kegs, and packaging products for paints and coatings, as well as custom packaging products, such as cigar boxes, rectangular steel boxes, peanut cans, and coffee cans.

More notable recent Ardagh Group S.A. (NYSE:ARD) news were published by: Prnewswire.com which released: “Ardagh Group SA – Third Quarter 2017 Earnings Release” on October 26, 2017, also Prnewswire.com with their article: “Ardagh Group SA – First Quarter 2017 Earnings Release” published on April 27, 2017, Prnewswire.com published: “Ardagh Group – Management Changes” on September 22, 2017. More interesting news about Ardagh Group S.A. (NYSE:ARD) were released by: Seekingalpha.com and their article: “Unpacking The Ardagh IPO’s Upcoming IPO Quiet Period Expiration” published on April 03, 2017 as well as Streetinsider.com‘s news article titled: “Form 6-K Ardagh Group SA For: Jan 16” with publication date: January 16, 2018.

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