Ardagh Group (NYSE:ARD) will announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.28 per share for the quarter.
NYSE:ARD opened at $12.64 on Thursday. The stock has a market capitalization of $229.02 million, a P/E ratio of 6.87 and a beta of 1.16. Ardagh Group has a 52-week low of $10.09 and a 52-week high of $20.53.
A number of research firms recently commented on ARD. Zacks Investment Research upgraded Ardagh Group from a “sell” rating to a “hold” rating in a report on Monday, December 31st. Credit Suisse Group reiterated a “neutral” rating and issued a $15.30 price target (down from $21.00) on shares of Ardagh Group in a research note on Monday, November 12th. Citigroup cut their price target on Ardagh Group from $18.00 to $13.00 and set a “buy” rating for the company in a research note on Monday, January 7th. Deutsche Bank set a $18.00 price objective on shares of Ardagh Group and gave the company a “buy” rating in a research report on Monday, October 29th. Finally, Barclays lowered their price objective on shares of Ardagh Group from $18.00 to $16.00 and set an “equal weight” rating for the company in a research report on Monday, October 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $16.86.
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About Ardagh Group
Ardagh Group SA manufactures and supplies rigid packaging solutions primarily for the food and beverage markets worldwide. The company operates in four segments: Metal Packaging Europe, Metal Packaging Americas, Glass Packaging Europe, and Glass Packaging North America. Its metal packaging products include aluminum and steel beverage cans; two-piece aluminum, two-piece tinplate, and three-piece tinplate food and specialty cans; and a range of can ends, including easy-open and peelable ends.
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