Breaking News

Tuesday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Initiation
Ardagh Metal initiated with an Outperform at RBC Capital » 06:15
11/23/21
11/23
06:15
11/23/21
06:15
AMBP

Ardagh Metal Beverage

$9.87 /

+0.265 (+2.76%)

RBC Capital analyst Arun…

RBC Capital analyst Arun Viswanathan initiated coverage of Ardagh Metal with an Outperform rating and $13 price target. Viswanathan believes Ardagh Metal will benefit from mid-single digit percentage global beverage can volume growth, due to continued robust demand for beverage cans and thinks the company is well-positioned for significant top and bottom line growth given its growth investment plan through 2024, the analyst tells investors in a research note.

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$9.87 /

+0.265 (+2.76%)

AMBP Ardagh Metal Beverage
$9.87 /

+0.265 (+2.76%)

11/11/21 Citi
Ardagh Metal Beverage initiated with a Buy at Citi
10/25/21 BMO Capital
Ardagh Metal Beverage initiated with a Market Perform at BMO Capital
10/07/21 BofA
Ardagh Metal Beverage initiated with a Neutral at BofA
09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
AMBP Ardagh Metal Beverage
$9.87 /

+0.265 (+2.76%)

AMBP Ardagh Metal Beverage
$9.87 /

+0.265 (+2.76%)

Over a week ago
Hot Stocks
Ardagh Metal plants to build $200M beverage can plant in Northern Ireland » 08:17
11/19/21
11/19
08:17
11/19/21
08:17
AMBP

Ardagh Metal Beverage

$9.61 /

-0.07 (-0.72%)

Ardagh Metal Packaging,…

Ardagh Metal Packaging, AMP, announced that it plans to build a new $200M beverage can plant in Northern Ireland. The plant will be located near Belfast and will service the growing needs of AMP's beverage customers in Ireland, the UK and Europe. This initiative is part of a multi-billion dollar investment program by AMP involving the construction of new, infinitely recyclable, metal packaging capacity in Europe, North America and Brazil. AMP plans to build the new plant at Global Point near Belfast. AMP is currently at the pre-planning application stage and is actively engaged with local stakeholders on the project. Further details of the plant will be announced over the coming months. Commenting, Oliver Graham, CEO of AMP, said: "This exciting project is an important part of AMP's global investment programme. We are delighted to be investing in Northern Ireland supporting our clients' sustainability needs and further reducing our carbon footprint by locating capacity closer to our end customers."

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$9.61 /

-0.07 (-0.72%)

AMBP Ardagh Metal Beverage
$9.61 /

-0.07 (-0.72%)

11/11/21 Citi
Ardagh Metal Beverage initiated with a Buy at Citi
10/25/21 BMO Capital
Ardagh Metal Beverage initiated with a Market Perform at BMO Capital
10/07/21 BofA
Ardagh Metal Beverage initiated with a Neutral at BofA
09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
AMBP Ardagh Metal Beverage
$9.61 /

-0.07 (-0.72%)

AMBP Ardagh Metal Beverage
$9.61 /

-0.07 (-0.72%)

Initiation
Ardagh Metal Beverage initiated with a Buy at Citi » 06:35
11/11/21
11/11
06:35
11/11/21
06:35
AMBP

Ardagh Metal Beverage

$9.66 /

+0.01 (+0.10%)

Citi analyst Anthony…

Citi analyst Anthony Pettinari initiated coverage of Ardagh Metal Beverage with a Buy rating and $13 price target. Ardagh is the third largest global manufacturer of beverage cans with production in North America, Brazil and Europe, Pettinari tells investors in a research note. The analyst views the company's "ambitious" growth plan as achievable.

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$9.66 /

+0.01 (+0.10%)

AMBP Ardagh Metal Beverage
$9.66 /

+0.01 (+0.10%)

10/25/21 BMO Capital
Ardagh Metal Beverage initiated with a Market Perform at BMO Capital
10/07/21 BofA
Ardagh Metal Beverage initiated with a Neutral at BofA
09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
AMBP Ardagh Metal Beverage
$9.66 /

+0.01 (+0.10%)

AMBP Ardagh Metal Beverage
$9.66 /

+0.01 (+0.10%)

Over a month ago
Earnings
Ardagh Metal Beverage reports Q3 adjusted EPS 14c, consensus 9c » 07:20
10/28/21
10/28
07:20
10/28/21
07:20
AMBP

Ardagh Metal Beverage

$9.54 /

+0.205 (+2.20%)

Reports Q3 revenue…

Reports Q3 revenue $1.04B, consensus $1.02B.

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$9.54 /

+0.205 (+2.20%)

AMBP Ardagh Metal Beverage
$9.54 /

+0.205 (+2.20%)

10/25/21 BMO Capital
Ardagh Metal Beverage initiated with a Market Perform at BMO Capital
10/07/21 BofA
Ardagh Metal Beverage initiated with a Neutral at BofA
09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
AMBP Ardagh Metal Beverage
$9.54 /

+0.205 (+2.20%)

Initiation
Ardagh Metal Beverage initiated with a Market Perform at BMO Capital » 04:47
10/25/21
10/25
04:47
10/25/21
04:47
AMBP

Ardagh Metal Beverage

$9.96 /

-0.035 (-0.35%)

BMO Capital analyst Mark…

BMO Capital analyst Mark Wilde initiated coverage of Ardagh Metal Beverage with a Market Perform rating and $11 price target. Ardagh is not the biggest global beverage can manufacturer, but it is the "most squarely leveraged" to beverage cans, Wilde tells investors in a research note. The analyst rates all the beverage can manufacturers Market Perform, saying the surge in demand and improved margins "are attracting new capital and new competitors."

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$9.96 /

-0.035 (-0.35%)

AMBP Ardagh Metal Beverage
$9.96 /

-0.035 (-0.35%)

10/07/21 BofA
Ardagh Metal Beverage initiated with a Neutral at BofA
09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
08/25/21 Deutsche Bank
Deutsche Bank starts 'compelling' Ardagh Metal with Buy, $14 target
AMBP Ardagh Metal Beverage
$9.96 /

-0.035 (-0.35%)

Initiation
Ardagh Metal Beverage initiated with a Neutral at BofA » 06:23
10/07/21
10/07
06:23
10/07/21
06:23
AMBP

Ardagh Metal Beverage

$10.18 /

+0.23 (+2.31%)

, BLL

Ball Corp.

$92.46 /

+0.97 (+1.06%)

BofA analyst George…

BofA analyst George Staphos initiated coverage of Ardagh Metal Beverage (AMBP) with a Neutral rating and $11 price target. Ardagh is a "solid" can company and represents a faster-growing pure-play cheaper beverage option compared to Ball (BLL), but it also generates less free cash flow given its capex plans, with lower returns on capital because of its balance sheet, the analyst tells investors in a research note. Staphos further cites Ardagh's higher leverage and the risks of future equity dilution.

ShowHide Related Items >><<
BLL Ball Corp.
$92.46 /

+0.97 (+1.06%)

AMBP Ardagh Metal Beverage
$10.18 /

+0.23 (+2.31%)

AMBP Ardagh Metal Beverage
$10.18 /

+0.23 (+2.31%)

09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
08/25/21 Deutsche Bank
Deutsche Bank starts 'compelling' Ardagh Metal with Buy, $14 target
08/25/21 Deutsche Bank
Ardagh Metal Beverage initiated with a Buy at Deutsche Bank
BLL Ball Corp.
$92.46 /

+0.97 (+1.06%)

10/05/21 Loop Capital
Ball Corp. initiated with a Buy at Loop Capital
10/01/21 JPMorgan
JPMorgan downgrades Silgan to sell on food can demand concerns
09/20/21 Barclays
Ball Corp. price target raised to $98 from $95 at Barclays
09/13/21 Truist
Ball Corp. initiated with a Hold at Truist
BLL Ball Corp.
$92.46 /

+0.97 (+1.06%)

BLL Ball Corp.
$92.46 /

+0.97 (+1.06%)

BLL Ball Corp.
$92.46 /

+0.97 (+1.06%)

AMBP Ardagh Metal Beverage
$10.18 /

+0.23 (+2.31%)

Hot Stocks
Ardagh Group announces intention to delist shares from NYSE » 16:19
09/24/21
09/24
16:19
09/24/21
16:19
ARD

Ardagh Group

$25.21 /

-0.29 (-1.14%)

, AMBP

Ardagh Metal Beverage

$9.98 /

-0.125 (-1.24%)

Ardagh Group (ARD)…

Ardagh Group (ARD) announced that it has submitted written notice to the New York Stock Exchange of its intention to voluntarily delist its Class A common shares from the NYSE following the completion of the previously announced exchange offer under which AGSA is offering to exchange each outstanding AGSA Shares for 2.5 shares of Ardagh Metal (AMBP).

ShowHide Related Items >><<
ARD Ardagh Group
$25.21 /

-0.29 (-1.14%)

AMBP Ardagh Metal Beverage
$9.98 /

-0.125 (-1.24%)

ARD Ardagh Group
$25.21 /

-0.29 (-1.14%)

09/01/21 Citi
Ardagh Group resumed with a Buy at Citi
08/26/21
Fly Intel: Top five analyst initiations
08/26/21 Deutsche Bank
Ardagh Group resumed with a Buy at Deutsche Bank
05/26/21
Fly Intel: Top five analyst downgrades
AMBP Ardagh Metal Beverage
$9.98 /

-0.125 (-1.24%)

09/24/21 Wells Fargo
Ardagh Metal initiated with an Overweight at Wells Fargo
09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
08/25/21 Deutsche Bank
Deutsche Bank starts 'compelling' Ardagh Metal with Buy, $14 target
08/25/21 Deutsche Bank
Ardagh Metal Beverage initiated with a Buy at Deutsche Bank
ARD Ardagh Group
$25.21 /

-0.29 (-1.14%)

ARD Ardagh Group
$25.21 /

-0.29 (-1.14%)

AMBP Ardagh Metal Beverage
$9.98 /

-0.125 (-1.24%)

Initiation
Ardagh Metal initiated with an Overweight at Wells Fargo » 06:17
09/24/21
09/24
06:17
09/24/21
06:17
AMBP

Ardagh Metal Beverage

$10.10 /

-0.35 (-3.35%)

Wells Fargo analyst Gabe…

Wells Fargo analyst Gabe Hajde initiated coverage of Ardagh Metal with an Overweight rating and $13.60 price target. Hajde believes Ardagh Metal is a fundamentally solid company, with leading market positions in the rapidly growing beverage can market, the analyst tells investors in a research note. He says Ardagh is on the path to expand total capacity by 21 billion cans by the end of 2024 and that upon completion, it is is anticipating adjusted EBITDA to more than double by 2024.

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$10.10 /

-0.35 (-3.35%)

AMBP Ardagh Metal Beverage
$10.10 /

-0.35 (-3.35%)

09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
08/25/21 Deutsche Bank
Deutsche Bank starts 'compelling' Ardagh Metal with Buy, $14 target
08/25/21 Deutsche Bank
Ardagh Metal Beverage initiated with a Buy at Deutsche Bank
AMBP Ardagh Metal Beverage
$10.10 /

-0.35 (-3.35%)

Hot Stocks
Ardagh Group declares special cash dividend of $1.25 per share » 16:50
09/22/21
09/22
16:50
09/22/21
16:50
ARD

Ardagh Group

$24.65 /

+0.7 (+2.92%)

, AMBP

Ardagh Metal Beverage

$10.44 /

+0.29 (+2.86%)

Ardagh Group (ARD) has…

Ardagh Group (ARD) has declared a special cash dividend of $1.25 per common share, payable on October 12 to shareholders of record on October 4. Under the terms of the exchange offer, Ardagh Group is offering to exchange 2.5 shares of Ardagh Metal Packaging (AMBP) for each Class A common share of Ardagh Group validly tendered and not withdrawn at the closing of the exchange offer. The special cash dividend is separate from, and in addition to, the regular quarterly cash dividend of 15c per share of Ardagh Group payable on October 1 to shareholders of record on September 17.

ShowHide Related Items >><<
ARD Ardagh Group
$24.65 /

+0.7 (+2.92%)

AMBP Ardagh Metal Beverage
$10.44 /

+0.29 (+2.86%)

ARD Ardagh Group
$24.65 /

+0.7 (+2.92%)

09/01/21 Citi
Ardagh Group resumed with a Buy at Citi
08/26/21
Fly Intel: Top five analyst initiations
08/26/21 Deutsche Bank
Ardagh Group resumed with a Buy at Deutsche Bank
05/26/21
Fly Intel: Top five analyst downgrades
AMBP Ardagh Metal Beverage
$10.44 /

+0.29 (+2.86%)

09/20/21 Barclays
Ardagh Metal Beverage initiated with an Equal Weight at Barclays
08/25/21 Deutsche Bank
Deutsche Bank starts 'compelling' Ardagh Metal with Buy, $14 target
08/25/21 Deutsche Bank
Ardagh Metal Beverage initiated with a Buy at Deutsche Bank
ARD Ardagh Group
$24.65 /

+0.7 (+2.92%)

AMBP Ardagh Metal Beverage
$10.44 /

+0.29 (+2.86%)

Initiation
Ardagh Metal Beverage initiated with an Equal Weight at Barclays » 05:22
09/20/21
09/20
05:22
09/20/21
05:22
AMBP

Ardagh Metal Beverage

$10.50 /

+0.18 (+1.74%)

Barclays analyst Michael…

Barclays analyst Michael Leithead initiated coverage of Ardagh Metal Beverage with an Equal Weight rating and $12 price target. The analyst thinks the stock has the highest potential return in the beverage can space but says it also carries the highest risk with its free cash flow negative thru 2022 and a majority owner overhang. The current valuation already embeds Ardagh's growth, Leithead tells investors in a research note.

ShowHide Related Items >><<
AMBP Ardagh Metal Beverage
$10.50 /

+0.18 (+1.74%)

AMBP Ardagh Metal Beverage
$10.50 /

+0.18 (+1.74%)

08/25/21 Deutsche Bank
Deutsche Bank starts 'compelling' Ardagh Metal with Buy, $14 target
08/25/21 Deutsche Bank
Ardagh Metal Beverage initiated with a Buy at Deutsche Bank
AMBP Ardagh Metal Beverage
$10.50 /

+0.18 (+1.74%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.