Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for BALL CORP (NYSE: BALL) improved of late. BALL’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
BALL CORP (NYSE: BALL) stock closed at $64.78 on 3/18/24 after an increase of 1.1%. NORMAL trading volume accompanied the advance. The stock has declined -0.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
BALL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
BALL CORP has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. BALL CORP has a poor Appreciation Score of 21 but a good Power Rating of 71, producing the Low Neutral Value Trend Rating.
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