Ball Corporation continues to expand its network, with the recent acquisition of a Can Manufacturing in Florida and Alucan for expanding sustainable Extruded Aluminum Packaging Solutions in Europe. Despite slight stock dips post Q4 revenue miss, the company remains positive and anticipates an 11-14% EPS growth by 2025. However, Morgan Stanley has lowered the price target for Ball Corp. to $70 from $75. To fuel growth factors and market optimism, a $4 billion buyback plan, has been established. Further diversifying, Ball Corporation has joined hands with Unilever for a climate program, with Henkel for an ADF Sustainable Innovation Award, and Meadow for fully recyclable aluminum can production. Ball has also powered MEADOW KAPSUL™ technology and launched Réal Bites Juice aluminum cans in alliance with Dabur. Aiming at sustainability, Ball introduced a solar energy farm and inspires with its commitment for decarbonizing Aluminum Industry. Despite minor setbacks and mixed market reactions, indications of a healthy growth trajectory hold promise.
Ball Corporation BALL News Analytics from Wed, 21 Feb 2024 08:00:00 GMT to Sat, 08 Feb 2025 04:50:55 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -3
